PARIS — Improved sales at Gucci and Puma helped lift PPR to better-than-expected second-quarter sales.
Sales in the three months through June 30 improved 4.5 percent to 4.97 billion euros, or $7.77 billion, from 4.47 billion euros, or $6.99 billion, in the year-ago period, headlined by 8.8 percent growth in luxury and 6.3 percent growth at Puma. Currency conversions were made at average exchange rates for the respective periods.
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)