El Palacio de Hierro’s in-store home goods division is taking some bold steps to maintain solid sales in the face of a downtick in the Mexican economy.
“We plan to grow around 12 percent, but we had expected a higher increase this year,” the division’s director, Rodrigo Flores, acknowledged. He said first-half sales fell after a surprise slip in the nation’s economy sapped consumption.
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)