PARIS — France’s leading prestige beauty players may have to pay out a total of 46.2 million euros, or $61.8 million at current exchange, in fines for cartel activities dating from more than a decade ago.
The Cour de Cassation, France’s highest court, last week overturned a 2009 appeals court decision dismissing the case for allegations of price-fixing practices between 1997 and 2000.
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)