MILAN — Yoox on Wednesday reported a 22 percent increase in second-quarter net profits following strong sales growth in all its business lines and geographic markets and a double-digit increase in average order value.
In the three months to the end of June, consolidated net income reached 1.1 million euros, or $1.43 million, compared with 900,000 euros, or $1.15 million, in the year-earlier period.
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)