As retailers and vendors fill the showrooms of Seventh Avenue and the tents at Bryant Park with eyes on finding the best fall fashions, they'll also be stressing out over the sour economy and a major snowstorm that has left parts of China crippled, threatening to hold up spring shipments.
Innerwear executives preparing for the major fall market said the slowdown in the economy could force retailers to order fewer goods and hold off on fall orders until the economy gets a spike from the federal tax rebate program that is anticipated to take effect in June. For a majority of companies that manufacture in China, even if their factories have not been affected by the snowstorm, they're dealing with getting samples shipped before the Chinese New Year on Thursday in the midst of the biggest storms China has seen in more than half a century.
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)