Retail stocks lost ground for the seventh time in 11 trading days as major indices in the U.S. and Europe saw declines.
The S&P 500 Retailing Industry Group was down 0.6 percent to 914, a steeper drop than the Dow Jones Industrial Average’s 0.4 percent drop to 16,417.01 and the S&P 500’s 0.1 percent contraction to 1,845.89.
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)