LONDON — First-half profits at Compagnie Financière Richemont SA — parent of Cartier, Dunhill and Chloé — jumped 10.1 percent to 709 million euros, or $1.01 billion, on the back of strong sales gains worldwide, and in China in particular.
The company said sales ended Sept. 30 rose 29.3 percent to 4.21 billion euros, or $5.98 billion, with double-digit growth in all product categories and all geographic regions, except for Japan. Dollar figures have been converted from euros at average exchange rates for the six-month period.
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?"