Retail stocks headed into the final week of the fiscal second quarter on a high note.
Despite a 0.3 percent drop on Friday, the S&P Retail Index finished last week with a 4.7 percent gain, coming to rest at 351.39 following a 2.7 percent gain on Thursday. The upswing gave the index a 13.5 percent increase over the last two weeks and translated into the fourth week of advances in the past five. For the year, it’s up 25.8 percent.
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)