TOKYO — Shiseido swung back into the black in the first quarter.
The Japanese beauty giant said Wednesday it posted a net profit of 2.66 billion yen, or $26.87 million at average exchange rates, for the three months ended June 30. That compares with a year-earlier loss of 1.27 billion yen, or $15.9 million.
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)