Saks Fifth Avenue has proven to be a great investment for Diego Della Valle — so much so he’s scooped up almost 2 percent more.
So far, Della Valle’s stake has garnered him paper profits of $73.6 million — the difference between his $112.2 million investment in shares since the start of last year and its presumptive current value of $185.8 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)