Turmoil in the financial markets, the weak dollar, rising unemployment, soaring gas prices and sagging consumer confidence aside, there are a few brands out there still expanding aggressively — and Guess Inc. is one of them.
The specialty retailer reported strong results on Wednesday and revealed plans to open 245 stores in the current fiscal year, including 185 internationally and 60 in the U.S. The retail expansion comes on top of opening 184 stores last year.
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)