Retail stocks managed to transcend a down market and rise 1 percent on Wall Street today.
The S&P 500 Retailing Industry Group gained 6.28 points to 642.59, outshining the Dow Jones Industrial Average, which fell 0.5 percent, or 58.90 points, to 12,756.18 as investors continued to worry about the pending fiscal cliff at the end of the year.
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)