After years of booming sales, fierce expansion and blowout advertising campaigns, the fiscal crisis has caused fine jewelry brands to rethink their strategies for 2009. While many brands are sticking with their luxury ethos and staying upmarket, others are keeping their options open with silver lines and other more affordable alternatives.
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)