MILAN — Brioni said its operating profits more than doubled in 2006 as it issued a bullish forecast for the current year.
A strategy of cost control coupled with a rise in sales helped propel Brioni’s earnings before interest and taxes by 157 percent to 24.9 million euros, or $31.3 million, last year. The company did not release net profits.
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)