Retail stocks gained 1.3 percent on Wall Street today, outpacing the market, which was helped along by stronger than expected, albeit slower, economic growth out of China.
The S&P 500 Retailing Industry Group rose 1.3 percent to 866.49 as the Dow Jones Industrial Average increased 1 percent to 16,424.85.,ers included G-III Apparel Group, up 3.7 percent to $74.65; Under Armour Inc., 2.5 percent to $53.75 and Columbia Sportswear Company, 2.3 percent to $81.70. Amazon.com Inc. rose 2.4 percent to $323.68.
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)