Dealing with escalating gold prices on one hand and concerns about lead content on the other, the watch and jewelry category has been nimbly responding to changing market conditions.
For despite those pressures on top of a weak economy, wholesale volume in the U.S. jewelry and watch sector is expected to grow modestly this year, up 1.7 percent to $41.1 billion, according to IBISWorld, a Chicago-based marketing research firm. Corresponding sales at retail are projected to rise 3 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)