BERLIN — Preliminary figures for Beiersdorf AG show a strong 2008 performance for the German cosmetics company, with after-tax profits jumping 25 percent to 553 million euros, or $814 million, at an average exchange rate for the period.
Sales, meanwhile, rose 8.6 percent to 5.97 billion euros, or $8.78 billion.
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)