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.
Sales were up 8.7 percent to 4.26 billion Swiss francs, or $4.54 billion. On a constant-currency basis, revenues rose 6.6 percent.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)