SHANGHAI — China’s State Council has just announced new measures designed to encourage domestic consumption and bolster economic growth.
It’s the first time the council has released policy specifically targeting consumer services, which it hopes to boost by expanding consumer credit, improving China’s already fast-developing online payment options and managing credit card fees. The government unveiled the new measures over the weekend.
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)