PARIS — L’Oréal said Wednesday that third-quarter sales declined 0.8 percent to 5.48 billion euros, or $7.26 billion, after being hit by negative currency effects and a slowdown in North America — where there was significant de-stocking.
Currency fluctuations negatively impacted revenues by 6 percent. On a like-for-like basis, sales grew 4.1 percent in the period ended Sept. 30.
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)