MILAN — Luxottica reported continued growth in profitability and revenues in the second quarter, posting gains at both its wholesale and retail divisions globally through its own brands and through the sale of its licensed top designer labels.
In the three months ended June 30, net profit rose 9.4 percent to 212 million euros, or $275.6 million, compared with 193.7 million euros, or $248 million, in the same period last year. Adjusted net profit climbed 12.5 percent to 218 million euros, or $283.4 million, compared with 194 million euros, or $248.3 million.
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)