Against a backdrop of currency ups and downs, zigzagging raw material costs and ever-cautious customers, textile and apparel suppliers are increasingly relying on their quick wits — and beefed-up services — to turn a profit.
The overall climate of political and economic uncertainty in Europe and the U.S. is forcing everyone to up their game in a bid to hang on to a customer base that is worried about the consequences of taking too many risks. Regardless of market segment, everyone will be wrestling with common challenges in the coming six months: currency fluctuations and raw material prices.
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)