Amazon has been pushing for a larger share of apparel retail, and it looks like the efforts are paying off.
In a new report from Wells Fargo comparing Amazon’s first-quarter sales to those of traditional retailers in its coverage group, including Macy’s, Urban Outfitters and Michael Kors, among others, the bank said Amazon not only still accounts for a majority of retail sales growth, but shoppers are increasingly going to the e-tailer for apparel.
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)