Avon Products Inc. got a shellacking from Wall Street analysts Tuesday after the company reported that fourth-quarter profits fell 14.8 percent as sales slowed in Russia and Brazil, two of the company’s key growth markets.
Investors also took umbrage, sending the company’s stock down 88 cents, or 3 percent, to $28.47.
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)