MILAN — Tod’s SpA said Thursday that net profits in the six months ended June 30rose 21.6 percent to 52.4 million euros, or $69.7 million at average exchange, compared with the same period last year, driven by gains in its core footwear business and in all markets globally.
As reported at the end of July, revenues in the first half grew 5.2 percent to 377.5 million euros, or $502 million at average exchange, boosted by an acceleration in the second quarter, when sales climbed 7.4 percent.
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)