For all its glamour and promise, the beauty business is a thorn in Bob McDonald’s side.
Procter & Gamble Co. reported on Thursday that the segment’s net sales declined 7 percent in the first quarter. Beauty’s organic sales dipped 2 percent, while organic sales of the company’s remaining four business units grew in the range of 2 or 3 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)