Retail stocks found a measure of redemption Friday, rising 1.2 percent, but the sector lost ground for the week as the rally that began in March continued to sputter.
The S&P Retail Index inched up 3.66 points to 320.07 for the day, but dipped 3.6 percent for the week. The Dow Jones Industrial Average fell 0.2 percent, or 15.87 points, to 8,539.73 on Friday and declined 2.9 percent for the week.
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)