Signs China is reining in lending and tempering its economic growth sparked a sell-off in Shanghai that weighed on global stock markets and ultimately pushed the U.S. retail sector down 1.6 percent Monday.
The S&P Retail Index slid 5.80 points to 364.55 as the Dow Jones Industrial Average declined 0.5 percent, or 47.92 points, to 9,496.28.
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)