PARIS — L’Oréal said Thursday that first-quarter sales gained 5.1 percent, driven partially by business from its consumer products, luxe and active cosmetics divisions. The French beauty giant also confirmed guidance for 2013.
Company revenues in the three months ended March 31 were 5.93 billion euros, or $7.83 billion at average exchange for the period. On a like-for-like basis, they grew 5.5 percent and, excluding currency fluctuations, revenues advanced 6.5 percent.
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)