LONDON — First-half sales and profits at Compagnie Financière Richemont will be significantly higher than expected, due chiefly to the non-recurrence of exceptional inventory buybacks, improved trading and currency changes, the company said Tuesday.
According to Richemont, in the six months ended Sept. 30, sales rose 10 percent on a reported basis and 12 percent on a constant currency basis compared with the same period last year. Richemont’s operating profit for the six months is likely to show a gain of approximately 45 percent against the comparative period, while net profit is set to rise by about 80 percent.
Cosmetics entrepreneur Charlotte Tilbury came face to face with one of her inspirations when Queen Elizabeth handed her an MBE, or Member of the Most Excellent Order of the British Empire, at Buckingham Palace earlier today. #wwdbeauty
Stella McCartney has been designing wedding looks for years for customers, friends, family — and herself for years.
And now, leveraging the success of the dress she designed for the Duchess of Sussex’s wedding reception in May, McCartney is launching, Made with Love, a bridal line including eight dresses and an ivory tuxedo, reports @natalietheodosi . “I feel very protective over the bride, because I know what it was like when I got married, and for me to do my own wedding dress. There are moments that are so personal and private, so emotional and loaded with many different issues,” McCartney told WWD in an interview in June. “I think we are really blessed to have the emotional trust with a woman. She’ll come in and feel the love that we put into everything. What she chooses can be conventional or unconventional. It’s a personal experience.” #wwdnews