Retail shares excelled as Wall Street on Wednesday finally managed to reclaim some of the ground lost earlier in the week.
The end of a weeklong slump saw the S&P Retail Index pull off a 6.26 point, or 2.7 percent, gain to end the day at 241.55 after two straight down sessions. The day’s close put it less than 1 point ahead of its 241.05 finish on Monday, but more than 10 points below the 251.79 level of last Friday.
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)