HONG KONG — Diversification has been the mantra of Hong Kong's sourcing companies for years and, with recent developments in China, that policy is looking even wiser.
In recent weeks and months, with news of stranded migrant workers over Chinese New Year, factory closures, labor shortages and increased costs, China's attractiveness as a manufacturing center took a hit.
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)