PARIS — In further evidence that the luxury sector is defying economic gloom, French retail-to-luxury group PPR said revenues rose 8 percent in the third quarter, boosted by strong appetite for designer goods in both emerging and mature markets.
PPR — whose assets range from luxury brand Gucci to mail-order division Redcats — reaffirmed its full-year target of beating 2010 results after posting revenue of 3.86 billion euros, or $5.46 billion, in the three months to Sept. 30, versus 3.57 billion euros, or $4.60 billion, in the same period a year earlier, up 7 percent on a comparable basis.
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?"