Retail stocks slipped modestly today even as Wall Street nudged higher to a new record close.
The S&P 500 Retailing Industry Group fell 0.2 percent, or 1.42 points, to 720.93, as the Dow Jones Industrial Average rose to 0.2 percent, or 33.25 points, to 14,329.49. The Dow broke through its prior record on Tuesday.
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)