PARIS — Givaudan reported its full-year 2012 net profits grew 63.1 percent to 411 million Swiss francs, or $438.5 million, bolstered by an improved operating performance, decreased financial expenses and a lower income-tax rate.
The Vernier, Switzerland-based fragrance and flavors supplier’s operating income in the 12-month period grew 37 percent to 607 million Swiss francs, or $647.6 million.
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)