BERLIN — Wella was back in the financial news this week.
Rumors that Wella’s majority shareholders, the Ströher family, might be reconsidering their position on the possible sale of the German hair and cosmetics company briefly boosted Wella share prices more than 5 percent Monday. On Tuesday, the stock closed down 1.4 percent in Frankfurt at $62.85 a common share. All dollar figures are calculated 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)