WASHINGTON — Retail sales plunged dramatically in October as the realities of the economic crisis took hold and drove specialty apparel sales down 1.4 percent compared with September, and fueled a 1.3 percent drop in department store sales, the U.S. Commerce Department reported Friday.
Compared with a year earlier, specialty retailers reported a 4 percent decline in sales to $18.1 billion and department stores fell 6.9 percent to $16.2 billion.
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)