It’s a case of “buyer beware” for European retailers and their investors.
According to an analysis issued this month by HSBC Bank analyst Paul Smiddy, globalization could transform weak U.S. consumption into supply chain problems for European brands. And markets might not have properly accounted for that risk.
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)