Retail stocks fell on Wall Street today despite a general trend upward in the market.
The S&P 500 Retailing Industry Group declined 0.5 percent to 894.06 while the Dow Jones Industrial Average rose 0.8 percent to 15,746.88. Among the top gainers were Ralph Lauren Corp, which increased 5.5 percent to $180.52 after reporting lower, but still stronger-than-expected quarterly earnings, and Vera Bradley Inc., up 4.8 percent to $24.22.
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)