Hope springs eternal in the world of consumer economics — but it’s a tempered kind of optimism that’s taken hold in the U.S. this year with a teetering stock market and rising food prices causing some agita.
Trends have perked up along with the spring weather after a brutal January and February, when strung-out shoppers and severe winter storms hit merchants hard. Retail and food-service sales topped expectations in March, racing out of the gate with a 3.8 percent seasonally adjusted gain versus a year earlier.
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)