MILAN — Benetton said a higher value product offering and accelerated growth in strategic countries such as Russia and Latin America helped net profits rise 7 percent to 155 million euros, or $227.8 million, in the year ended Dec. 31.
Sales rose 3.9 percent to 2.12 billion euros, or $3.12 billion, at average exchange 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)