LONDON — Marks & Spencer Group plc said its pre-tax profits in the first half fell 9.7 percent to 289.5 million pounds, or $457.4 million, due to higher operating costs and sluggish sales growth in the six months to Sept. 29.
Analysts had expected first-half profits to decline 11 percent.
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)