PARIS — Business may be cooling in America, but PPR chief executive officer François-Henri Pinault on Wednesday said emerging markets like China should stoke luxury growth this year.
Pinault made the comments as he reported that PPR's net income advanced 34.6 percent in 2007 to 922 million euros, or $1.26 billion at average exchange, from 685 million euros, or $860.4 million, thanks to robust luxury business and the integration of Germany's Puma, which PPR bought control of last year.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"