DAVOS, Switzerland — Chinese Premier Wen Jiabao said Wednesday that his nation had been affected by the global slump, but he remained confident it could still grow this year by 8 percent.
While Jiabao admitted such growth would be a tall order, his upbeat delivery went against the prevailing sentiment of doom and gloom here among business executives and economic experts who say the recession and the banking crisis in the U.S. and other major Western economies could get worse.
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)