TOKYO — Japan’s third-quarter gross domestic product grew at a faster-than-expected rate, but longer-term concerns about the health of the economy and deflation persist.
Japan’s real GDP rose 1.2 percent in the July-to-September period from the prior quarter, the Cabinet Office said Monday. That figure reflects 4.8 percent growth on an annualized basis for the world’s second-largest economy. Stimulus measures, both in Japan and other countries, are considered responsible for much of the jump.
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)