BEIJING — Reversing a 13-month pattern of decline, China’s exports rebounded and marked an overall increase in December, figures released Sunday show, giving further weight to the conventional wisdom that this country’s economy has recovered from the global downturn.
Yet economists cautioned that while the reversal in export trends is positive news, much of China’s recovery has come on the back of a massive government spending plan that sought to pour $586 billion into economic development, primarily through creating new infrastructure like roads and railways.
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)