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.
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)