BERLIN — There's more consolidation under way in the European department store sector — and it's creating a Continent-wide player.
Arcandor AG, the renamed holding company of Germany's former KarstadtQuelle AG, said Wednesday it intends to create a European premium department store alliance with La Rinascente of Italy and Printemps of France.
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)