After a strong performance in 2012, Nordstrom Inc. is prepared to spend big to ramp up Rack, enter Canada with both full-line and Rack outlets, accelerate its direct business and mobile operations and build a Manhattan flagship.
Over the next five years, the Seattle-based upscale chain will practically double its capital expenditures to $3.7 billion, compared to the $1.9 billion spent over the last five years.
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)