The better floor of department stores is in for a shake-up — or shakedown — for spring.
Even before the financial downturn, better-priced misses’ offerings in department stores were struggling, and the macroeconomic conditions may hurt this area even more than the high end, where customers still have money to spend, even though they are cutting back, and mass, which is benefitting from consumers trading down.
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)