NEW YORK — After marking 30 years in business in 2010, Carolina Herrera one-upped celebrations with another milestone last year: $1 billion in sales.
According to the Puig-owned fashion house, Herrera had global retail sales estimated at $1.3 billion last year, up 21 percent from 2010. Including the Carolina Herrera New York and CH Carolina Herrera brands, the company had combined wholesale and retail sales of $700 million last year. The business last year was about equally split between fashion sales and revenues from Herrera’s fragrance portfolio.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"