Gains in apparel and retail stocks outpaced the broader market on Wednesday, which got a boost from positive earnings and economic data.
Fashion investors were encouraged by upward adjustments in fourth-quarter earnings expectations from Perry Ellis International Inc. and Phillips-Van Heusen Corp. The overall market got better-than-expected results from Deere & Co., along with encouraging reports on housing starts and industrial production.
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)