BERLIN — For the first nine months of its fiscal year, German cosmetics and adhesives maker Beiersdorf AG registered an 11.1 percent rise in net profits, excluding special factors to 370 million euros, or $474.3 million.
The Hamburg-based company’s group sales rose 3.7 percent to 4.57 billion euros, or $5.86 billion, for the period ending Sept. 30, up 3.6 percent at constant exchange rates. Operating results (EBIT), excluding special factors, rose 16.9 percent to 575 million euros, or $737.2 million.
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)