Retail stocks were flat on Wall Street today after a disappointing reading on August sales.
The Commerce Department said total August retail and food service sales inched up a seasonally adjusted 0.2 percent from July — slower growth than the 0.4 percent gain economists projected. Sales at apparel and accessories tanked a seasonally adjusted 0.8 percent in August while general merchandise stores saw a 0.2 percent dip.
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)