PARIS — Hermès International said Thursday it expected to post a record operating margin for 2013 after recording “dynamic” sales in the fourth quarter, despite the negative impact of exchange rates, in particular the weak Japanese yen.
The maker of Birkin bags and silk scarves said sales totaled 1.09 billion euros, or $1.49 billion, in the fourth quarter, up 4.6 percent versus 2012. This represented a rise of 11 percent at constant exchange rates. RELATED CONTENT: Hermès Men's RTW Fall 2014 >>
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?"