MILAN — Italian eyewear maker Marcolin SpA ended 2010 with a bang, posting the strongest set of financial results in its 50-year history. Boosted by cost cutting and a new demand planning system, net profits more than doubled to 18.6 million euros, or $24.5 million, compared with 7 million euros, or $9.7 million, in 2009.
Revenues, after having suffered a 3.5 percent decline in 2009, experienced an upturn last year, gaining 15.2 percent to 207.7 million euros, or $274.1 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)