PARIS — The market reacted buoyantly to Carrefour SA’s fourth-quarter and full-year sales results Thursday, with its share price rising 6.1 percent to close at 20.50 euros, or $27.25, on the Paris bourse, confirming investor confidence in the early stages of the retailer’s ongoing turnaround.
Carrefour SA said sales rose 0.8 percent to 22.85 billion euros, or $30.26 billion, for the fourth quarter of 2012, supported by robust activity in South America, stronger food sales across markets, and an improvement in its ailing domestic hypermarket business.
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)