Retail stocks gained 1.3 percent on Wall Street today as the Dow Jones Industrial Average inched up to set a new record high close.
The S&P 500 Retailing Industry Group gained 10.54 points to close at 847.62, as the benchmark Dow Jones added 0.2 percent to close at 16,583.34 — its highest close ever. (The index has reached higher in intraday trading).
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)