PARIS — Reflecting a tough economic environment in France and deterioration in Spain, Carrefour Group said first-quarter revenues slipped 2.8 percent to 22.72 billion euros, or $29.71 billion. On a same-store basis, sales fell 4 percent.
The world’s second biggest retailer after Wal-Mart Stores Inc. said its French hypermarkets showed resilience, but consumers continued to shun nonfood purchases and hunt for bargains.
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?"