For the fourth quarter, net sales gained 24.6 percent to $1.58 billion, from $1.27 billion in the prior-year period. Net income was up 30 percent, to $140.2 million compared to $107.8 million year-over-year. Diluted earnings per share was $2.24, compared with $1.69 in the prior-year period. Retail comparable sales were up 12.8 percent, salon sales were up 15.2 percent to $62.9 million and e-commerce sales gained 63.4 percent to $154.9 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)