The international jewelry retail group has announced net income of $900,000, or $0.02 per diluted share, for the third quarter, up from a net loss of $43.7 million, or $0.84 per diluted share, in the prior-year period.
In the first half of the current financial year, sales at L’Occitane International (the owner of L'Occitane en Provence and Erborian) dropped by 15.2%, to €616.6 million, affected by the Covid-19 crisis.
The BFC unveiled its newly-digital Fashion Awards on Thursday evening and instead of just replacing the usual live event with an online version, it changed the format to reflect the huge change happening in 2020.
Chanel has teased its next Métiers d’Art show with a dark Juergen Teller video shot at the event’s location, the Château de Chenonceau. Scheduled to be staged in the famed Loire Valley chateau on Thursday at 7p.m. CET.
The company that produces and distributes the labels owned by Renzo Rosso’s fashion group has appointed Francesco Tombolini, whose career in luxury spans nearly 40 years, as head of business development and licenses.
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