PARIS — L’Oréal’s net profits declined 13.7 percent to 1.09 billion euros, or $1.45 billion at average exchange, in first-half 2009. Meanwhile, the French beauty company foresees a gradual improvement in sales over the year.
The firm’s net profits excluding nonrecurrent items after minority interests reached 1.21 billion euros, or $1.61 billion, down 3.6 percent in the six months ended June 30.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"