NEW DELHI — A report by Cushman & Wakefield said mall vacancies in India’s major cities, including New Delhi, Bangalore and Calcutta, were as high as 19.6 percent in the first half of 2012 and that mall space was 30 percent less than previous projections.
Retailers often consider the region that includes the capital New Delhi and the surrounding areas of Gurgaon and Noida as a primary area for expansion. However, the region had a high mall vacancy level in the first half, at 28 percent.
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)