Retail shares showed signs of life Wednesday, rising 3.8 percent, but hold the Champagne.
There’s little indication that the market has bottomed and little hope for any kind of a real turn before fall, analysts and economists said. Some experts also anticipate that the fashion industry that emerges from the worst business and consumer environment in decades will be substantially different from the existing model.
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)