With Britain very nearly in recession, banks in northern Europe buckling and lines of credit rapidly shriveling, few retailers are looking forward to a bumper holiday season.
However, industry principals and observers in Britain and continental Europe believe the fittest companies will survive the current storm — provided they aren’t highly leveraged — and principals at both ends of the market are looking on the bright side.
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)