MILAN — Lackluster sales in Europe hurt Marcolin SpA’s profitability and sales in the first nine months of 2012. In the period ended Sept. 30, net profit dropped 32.4 percent to 11.7 million euros, or $15 million, from 17.3 million euros, or $24.2 million, in the same period last year.
Revenues decreased 3.6 percent to 162.5 million euros, or $208 million, from 168.6 million euros, or $236 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)