SHANGHAI — China’s New Year holiday sales grew at a double-digit clip this year but showed clear signs of a slowdown, especially in sectors such as apparel and restaurants.
Sales in China during the New Year holiday period, which ran from Feb. 9 to 15, grew 14.7 percent over last year’s holiday, according to statistics released by China’s Ministry of Commerce. The 2012 Chinese, or Lunar, New Year celebrations came earlier in January.
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)