Speaking of the buying public, Farah said, “They’re not as interested in sales as they were a year ago. They’re making selections based on what they want. If they like the product, they buy it.”
He made the remarks following Polo’s disclosure Tuesday of second-quarter profits that grew 10.2 percent, as a favorable tax rate and lower expenses helped the company compensate for a 3.8 percent decline in revenues.
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)