PARIS — L’Oréal announced Tuesday its first-half net profits rose 10.8 percent and confirmed it expects to outperform the market this year.
The French beauty giant’s net profits for the six months ended June 30 were 1.63 billion euros, or $2.11 billion. Company operating profits increased 11.4 percent to 1.9 billion euros, or $2.46 billion.
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)