Consumers remain confident about the economy, but this time it's due to their outlook on the jobs market.
According to Conference Board, consumer confidence rose for the third consecutive month as their assessment of current conditions and expectations for short-term outlook improved in June. Key is the outlook for the labor market, with more respondents in the Board's consumer confidence survey for the first time since February 2012 stating they expect more jobs than those saying they believe there will be fewer jobs.
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)