PARIS — Carrefour SA said Tuesday it had underestimated the impact of one-off charges in Brazil resulting from an audit, and they would now total 550 million euros, or $725.5 million at current exchange rates, instead of the initially reported sum of 180 million euros, or $237.5 million.
The disclosure sent shares down more than 7 percent in morning trading on the Paris Bourse.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"