PARIS — Just like their U.S. counterparts, European retailers are waiting to see whether the holiday shopping pageant will be a comedy or a tragedy as the season heads to a denouement.
Poor business has led many to discount earlier than usual, strikes have disrupted shoppers in France and Italy and rising fuel costs and trepidation over global financial markets have dulled consumer confidence. French consumer confidence, for instance, dipped in November to the lowest level in almost two years, according to the national statistics office here.
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)