Retail shares posted their second-largest jump, rising 10.6 percent Monday and outpacing the market overall, which was buoyed by a bailout plan for Citigroup Inc. and the formal unveiling of President-elect Barack Obama’s economic team.
The Standard & Poor’s Retail Index surged 23.59 points to close at 246.93.
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)