BERLIN — It was a mixed second quarter for the Metro Group. Earnings largely improved, though an earlier Easter business negatively impacted sales for the German cash & carry, department store, hypermarket and electronics retail group.
Net profit for the quarter reached 15 million euros, or $19.6 million, compared to a loss of 26 million euros, or $33.4 million, for the same period a year previously. Dollar figures are converted at average exchange rates for the period to which they refer.
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?"