The relief that accompanied last week’s deal to stem Europe’s debt crisis receded Monday as investors fretted over the implementation of the rescue plan and worried anew about the global economic outlook.
Commodity and banking stocks led market declines in both the U.S. and Europe as investors worried over slipping demand for commodities in China and increased borrowing costs for Italy, which is struggling with a heavy debt load.
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)