Retail stocks took a decisive step up on Wall Street today, setting another new high as Amazon.com Inc. soared on the strength of its revenue growth.
The S&P 500 Retailing Industry Group gained 1.5 percent, or 13.45 points, to 888.65 — another record close in what's been a strong run for retail. The sector outpaced the Dow Jones Industrial Average, which increased 0.4 percent, or 61.07 points, to 15,570.28.
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)