Returns, rummaging through racks and racks of discounted apparel and self-purchasing ruled the day at stores across America in the post-Christmas stretch of the holiday season.
That left retailers feeling frustrated and disappointed about the outcome; even more concerned about the impact on fourth-quarter profits than they were earlier in the month, and fretting over 2009 as the recession takes a tighter hold on consumers’ psyche and the possibility of more retail bankruptcies loom.
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)