LONDON — A stronger euro and a slowdown in Chinese demand dented Compagnie Financière Richemont’s revenue growth in the first five months of the year, as the company prepares to move forward without its chairman, Johann Rupert.
As reported, Rupert is taking a yearlong sabbatical starting today from the parent of brands including Cartier, Chloé and Alfred Dunhill.
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)