LONDON — The Alexander McQueen and Stella McCartney brands have hit their long-awaited profit targets on time, but that is just the first of many hurdles they have to overcome.
On Wednesday, PPR reported that both London-based businesses had moved into the black in 2007, a goal that Robert Polet, chief executive of their parent, Gucci Group, had originally set in December 2004.
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)