Holiday retail sales will be down, but not as sharply as last year, according to the National Retail Federation.
The trade organization on Monday predicted holiday sales would decline 1 percent this year to $437.6 billion. That’s well below the 10-year average of 3.39 percent gains, although far better than both last year’s 3.4 percent drop and the 3 percent decline in annual retail sales forecast for all of 2009.
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)