PARIS — L’Oréal posted double-digit net profit gains for its 18th consecutive year Thursday.
The French beauty giant closed 2002 with net profits before capital gains and losses and after minority interests up 18.5 percent, to $1.58 billion. Dollar figures are converted from the euro at current exchange rates.
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)