Wall Street greeted 2013 and Washington’s fiscal cliff deal with a rally, but retailers missed out on some of the gains.
At 1:10 p.m. in New York, the S&P 500 Retailing Industry Group was up 0.9 percent, or 5.56 points, to 658.62, lagging the Dow Jones Industrial Average, which was ahead 1.8 percent, or 231.79 points, to 13,335.93.
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)