Consumers are expected to dish out $26 billion to $30 billion on gift cards this holiday season, but there's a potential downside to their success: increasing fraud.
"Fake gift card activity is increasing because it is a relatively easy way to get value on a card you can carry around," Joseph La Rocca, vice president of loss prevention at the National Retail Federation, said in a holiday crime media briefing via telephone Friday.
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)