PARIS — Net profitability at Hermès International decelerated in 2008, but the luxury firm trumpeted “steady sales” at the beginning of the year.
Net income edged up 0.8 percent to 290.2 million euros, or $427 million, in the 12 months ended Dec. 31, beating forecasts and sending Hermès’ shares up 3.8 percent Thursday to close at 74.66 euros, or $97.66, on the Paris Bourse.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"