The search for a moderate-price bright spot has found a ray of light: exclusive brands appear to be withstanding the test of the economy.
After some rough going initially, retailers said the growing numbers of exclusive brands, including several launches last fall and this spring, are performing above plan and are among their stores’ bestsellers in an environment in which sales are struggling mightily against lower consumer spending.
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)