Harry Winston Diamond Corp. and its retail unit swung to second-quarter losses, as the company was dragged down by unfavorable currency fluctuation and plummeting demand that cut corporate sales nearly in half.
Chairman and chief executive officer Robert Gannicott said sales were affected by softness in retail, as well as weak prices and volume in its rough diamond business.
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)