The 2013 retail calendar got off to an uninspiring start following a mass exodus of retailers from monthly reporting and tepid results among those still participating in the ritual.
Stores generally bested analysts’ expectations but fell well short of their year-ago performances as wintry weather, delays in tax refunds, budgetary uncertainty in Washington and higher gas prices conspired to keep many consumers away from stores following the holiday season and a January dominated by clearance activity.
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)