Chaos in the credit and equity markets has put a hold on consolidation activity in the fashion industry for the time being, but the hiatus might not last long.
Ultralow stock prices, tight credit markets and weakening consumer demand could eventually lead to a new round of consolidation among buyers and sellers, and ultimately an even smaller fashion industry where the number of corporate players shrinks further and the big get even bigger.
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)