BERLIN — First-quarter net profits for Symrise AG rose 13 percent to 51.9 million euros, or $71.1 million, boosted by high demand in both its fragrance and flavors divisions, particularly in Latin America.
The Holzminden, Germany-based firm registered earnings before interest, taxes, depreciation and amortization (EBITDA) of 101 million euros, or $138.4 million, an uptick of 9 percent, or 12 percent in local currency terms.
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)