PARIS — In another sign that currency headwinds are creating headaches for luxury firms, Hermès International warned Friday it expects its operating margin to take a hit after foreign exchange swings again took a chunk out of second-quarter revenues.
The luxury goods sector faces a relatively tough period as organic growth slows from Europe to Japan, analysts say.
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)