TOKYO--Department stores are continuing to struggle as Japan inches its way out of a recession.
Department store sales in August dropped 8.8 percent to 456.8 billion yen, or $4.8 billion, from the same month last year, according to the Japan Department Stores Association. This is the 18th straight month of decline for the retailers, which have been suffering for about a decade in the wake of increased competition from shopping malls and specialty stores.
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)