The fastest-growing U.S. metropolitan region continues an aggressive retail, fashion and economic expansion that so far has not been battered by recession, slowdown or becoming overstored.
It’s not quite a walk in the park, however, as funding for new retail projects is becoming harder to land, owing to the national credit and lending crunch. This has resulted in a delicate balancing act for lenders, developers, retail tenants and, ultimately, price-savvy consumers.
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)