PARIS — Carrefour SA said on Thursday its sales fell 1.3 percent in the first quarter as its core European markets were battered by economic woes and bad weather, even as currency fluctuations impacted revenues from fast-growing South America.
The world’s second-largest retailer behind Wal-Mart Stores Inc. reported sales of 20.83 billion euros, or $27.52 billion, in the three months ended March 31. All dollar rates are calculated at average exchange for the periods to which they refer.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"