LONDON — The light at the end of Europe’s dark economic tunnel is bursting into view, with the region’s biggest economies back on a growth track, consumer sentiment perking up, unemployment stabilizing and recovery set to be broad-based in the region by 2015.
While Europe may be shedding its skin of austerity and stagnation, fears for the future remain: A strengthening Europe with record-low interest rates has created a mighty pound, euro and Swiss franc, which is proving disastrous for exporters, while concerns remain about China’s slowing economy, the crisis in Ukraine and the future of monetary stimulus measures.
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)