Last-minute holiday shoppers elevated sales to their strongest increase of the month last week, with gift cards playing a critical role.
According to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, sales in retail categories other than restaurants and automotive areas were up 3 percent during the week ended Dec. 28, versus the year-ago week, better than the 2.7 percent increase logged during the prior week or the 2 and 1.5 percent gains logged during the second and first weeks of the month, respectively.
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)