The financial crisis is disrupting the real estate industry.
Real estate investment trusts, which own and operate retail space, are especially vulnerable during economic downturns. Many face large debt loads and loans coming due as the availability of credit slows to barely a trickle.
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)