Sporting goods and apparel retailer Puma AG posted a robust jump in fourth-quarter earnings, buoyed by strong sales in Europe and Asia.
For the fourth quarter, earnings leapt 17 percent to 38.3 million euros, or $56 million, on sales that gained 5 percent to 504.5 million euros, or $736 million. Dollar figures are at the average exchange rate.
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)