For most retailers, the arduous task of reporting second-quarter results has come and gone and, as expected, the picture they painted wasn’t pretty.
But the few last week who could lay claim to some sort of good news, or hint there was good news coming, were rewarded by investors. Their gains stood out in a week when the S&P Retail Index inched up 1.1 percent to 370.35 and the Dow Jones Industrial Average advanced 0.4 percent to 9,544.20.
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)