PARIS — France's PPR, the retailer that owns Gucci Group, on Thursday posted better-than-expected fourth-quarter sales and suggested it could weather a U.S. slowdown.
PPR's sales in the three months through December gained 15.1 percent to 5.88 billion euros, or $8.51 billion at average exchange, propelled by Gucci as the Italian brand experienced double-digit growth across all its major categories.
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)