PARIS — A recent round of cross-border deals and international expansion promises to radically redraw the department store landscape in Europe.
KarstadtQuelle parent Arcandor of Germany in December sealed a deal with Italy's La Rinascente and France's Printemps to create a premium pan-European department store alliance that augurs for further consolidation in a sector once fiercely focused on its home markets.
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)