PARIS — Hennes & Mauritz AB said sales excluding VAT in the second quarter rose 2 percent to 27.6 billion Swedish kronor, or $4.4 billion, reflecting the sharp appreciation of the Swedish currency during this period.
The Swedish high-street retailer, which will publish full second-quarter results on June 22, provided the quarterly sales figures for the first time. It also broke out monthly sales data for May.
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)