PARIS — With days to go until the Summer Olympics kickoff, Adidas AG said Tuesday that second-quarter earnings rose 12 percent, while sales advanced 5 percent.
For the quarter ended June 30, the world’s second-largest sporting goods maker after Nike saw its earnings increase to 116 million euros, or $181.3 million at average exchange for the period, thanks to higher operating profits plus a lower tax rate.
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)