Retail stocks snapped a five-session winning streak Friday, falling 0.8 percent and tempering overall gains during a week shortened by the Labor Day holiday.
The S&P Retail Index backed off its high for the year of 375.82, set Thursday, and ended the week with a 1.7 percent increase at 372.37. The sector matched the pace of the Dow Jones Industrial Average, which also rose 1.7 percent, to 9,605.41, 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)