MILAN — The expansion of its retail network and new licenses, with an acceleration of the newly relaunched Just Cavalli line, helped lift profits and revenues at the Roberto Cavalli Group in the first half.
In the period ended June 30, earnings before interest, taxes, depreciation and amortization rose 19.6 percent to 8.7 million euros, or $11.4 million, compared with 7.3 million euros, or $9.4 million, in the same period last year. Revenues gained 7 percent to 97 million euros, or $127 million, compared with 90.7 million euros, or $117 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)