MILAN — Weakened by difficult economies in some of its main markets, such as Greece, and rising costs of raw materials, Benetton Group reported a 25.5 drop in net profits in the first half to 30 million euros, or $43.5 million, compared with 40 million euros, or $49.2 million, in the same period the previous year.
Sales rose 1.7 percent to 906 million euros, or $1.31 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)