PARIS — Shares in Carrefour SA fell Thursday despite a rise in operating profit in the first half as investors questioned whether the French retailer can protect its profit margins against aggressive price competition in its core domestic market.
Carrefour closed down 4.8 percent to 25.83 euros, or $35.24 at current exchange, on the Paris Stock Exchange.
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)