PARIS — Carrefour SA, the world’s second-largest retailer after Wal-Mart Stores Inc., said full-year net profits from recurring operations rose 11.3 percent to 382 million euros, or $507.3 million, reflecting the impact of “significant” one-off charges.
Carrefour had said in January that its operating profits would fall slightly short of its most recent guidance after the company booked one-off charges in Brazil and five other countries resulting from recent audits.
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)