PARIS — Hit by a dramatic drop in tourism in Europe and negative currency effects, Hermès International saw its second-quarter sales slip 9.2 percent to $290.4 million from $319.8 million a year ago.
Dollar figures have been converted from the euro at current exchange. In local terms, the firm reported group sales in the quarter ended June 30 were 257.2 million euros versus 283.3 million euros a year ago.
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?"