After dropping a total of 2.3 percent in the previous two days, retail stocks fell 0.3 percent on Wednesday as a new report showed the job market, while still tough, improved a bit last month.
Private employers shed 298,000 jobs in August, a slowdown in the rate of decline from the 360,000 positions eliminated in July, according to the ADP National Employment Report. It was the smallest drop in employment since September 2008.
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)