Positive news about the U.S. job market helped European indices but failed to slow a sell-off in U.S. retail shares.
The S&P 500 Retailing Industry Group sank below 900, ending the day down 2 percent at 882.68. It marked the fourth sharpest reduction in the index this year and the worst day since a 2.5 percent drop on Feb. 3, putting year-to-date declines at 6.1 percent.
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)