BERLIN — Henkel AG grew sales and earnings in the first quarter of 2012, supported by all divisions of the German consumer goods and adhesives company, and continued growth in the emerging markets.
Net income for the quarter advanced 30.3 percent to 378 million euros, or $495.6 million, while adjusted operating profit (allowing for one-time gains, one-time charges and restructuring charges) gained 16.6 percent to reach 551 million euros, or $722.3 million.
Group sales were up 4.8 percent to reach 4.01 billion euros, or $5.25 billion. In organic terms, excluding the impact of foreign exchange and acquisitions/divestments, sales rose 4.7 percent.
Henkel’s cosmetics and toiletries division — which includes the brands Dial, Fa and Schwarzkopf — reported ongoing profitable growth. Sales increased 4.9 percent (4 percent organic) to 861 million euros, or $1.13 billion. Adjusted operating profit for the division moved ahead 9.3 percent to 124 million euros, or $162.6 million.
Henkel confirmed its 2012 targets, which call for organic sales growth of between 3 and 5 percent, and an adjusted return on sales (EBIT) margin of 14 percent, compared to 13 percent in 2011.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)