The recession pressured many consumers to spend less in 2008, but it also led to an increase in those who prefer to make off with merchandise without spending anything at all, according to a study on retail theft and shoplifting released Tuesday.
Preliminary results from the National Retail Security Survey, an annual study conducted by the University of Florida, showed an increase in the retail theft rate for the first time in six years. Its publishers blamed the rise squarely on the downturn.
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)