NEW YORK — Fragrance is coming into focus at the Estée Lauder Cos. Inc., which beat first-quarter profit expectations with a modest gain and drove currency-adjusted sales up 6 percent.
The company has a slate of new scents — including Estée Lauder Modern Muse, Zegna Uomo, Michael Kors Sexy Amber and Tory Burch — as well as a long-term plan to expand its fragrance business, which can help bolster other categories.
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)