PARIS — Retail and luxury conglomerate Pinault-Printemps-Redoute failed to meet market expectations on Thursday as it reported weaker-than-expected second-quarter sales that were hampered by spring strikes and social unrest in its key French market, as well as its own portfolio trimming.
Sales in the three months through June 30 declined 9.7 percent to $6.68 billion, or 5.97 billion euros, from $7.4 billion, or 6.61 billion euros, a year ago. Through the first six months, sales slid 7.8 percent to $13.74 billion, or 12.27 billion euros, from $14.9 billion, or 13.31 billion euros, last year. Dollar figures have been converted from the euro at current exchange.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)