MILAN — Surging sales in all categories and markets, in China in particular, helped Bulgari SpA return to the black in the first half with a net profit of 9.1 million euros, or $13.2 million, compared with a loss of 7.7 million euros, or $9.4 million, in the same period last year.
Revenues climbed 23.6 percent to 548 million euros, or $794.6 million, from 443.3 million euros, or $540.8 million. Bulgari also attributed the improved performance to the group’s exchange rate hedging.
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)