Slumping sales, the depletion of splurge-sized budgets sustaining multiple bag purchases and the final nail in the "It" bag coffin have forced contemporary accessories firms to reassess strategies set in motion during the handbag heyday less than two years ago. The result? Many have figured out that spanning the price spectrum and providing a variety of styles is a powerful combination that could unlock pent-up demand.
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)