LONDON (Reuters)—British retailers saw the biggest annual decline in prices since at least 2006 in June, with cheaper furniture, electricals and clothes as well as a supermarket price war all contributing, an industry group said on Wednesday.
The British Retail Consortium reported that prices in shops fell 1.8 percent last month compared with a year earlier. The decline was the biggest annual drop since the survey began in December 2006.
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)