PARIS — Shares in Carrefour SA increased 5.6 percent Thursday as the retail giant posted a 4.9 percent rise in first-half operating profits, and said business in its core French market is now demonstrating “good profitability” in all formats.
While acknowledging that Carrefour continues to face subdued demand in Europe and currency headwinds and wage inflation in Latin America, chief executive officer Georges Plassat assured the company is “on the path to self-confidence.”
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)