The Neiman Marcus Group Inc. is running up against the economy's headwinds.
Facing excess inventories and customers holding back, the Dallas-based luxury chain on Wednesday reported a 7 percent dip in earnings and a comparable-store sales drop of 2.5 percent for its third quarter that ended April 26.
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)