• H&M SALES RISE: Hennes & Mauritz on Friday said July sales in local currencies, including value-added tax, rose by 15 percent from a year ago. However, comparable units at stores, Internet and catalogue sales in countries where business has been conducted for at least a year were down by 3 percent. The Swedish firm operated 1,601 stores as of July 31, compared with 1,422 a year ago.
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)