Graff Diamonds Corp. is the latest firm to feel the chilly wind blowing through the fine jewelry sector.
The luxury firm on Wednesday pulled its planned initial public offering in Hong Kong. The offering was expected to close today following investor meetings in Manhattan when its road show closed, but word trickled out late Tuesday that the high-end jeweler was having trouble receiving orders for the planned offering. RELATED STORY: Graff's IPO Price Turned Off Investors >>
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)