PARIS — PPR rode strong demand for luxury goods in the first quarter to post a better-than-expected 9.1 percent rise in revenue during the period, despite an abrupt drop-off in sales in Japan following the March 11 earthquake and tsunami.
PPR — whose assets range from luxury brand Gucci to books, music and electronics retailer Fnac — posted revenue of 3.71 billion euros, or $5.07 billion, in the three months to March 31 versus 3.4 billion euros, or $4.71 billion, in the same period a year earlier, up 6.5 percent on a comparable basis.
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?"