With summer jobs for teens scarce and their parents reeling from the weakened economy, the apparel industry is bracing for what could be a bumpy back-to-school season.
Industry executives fear that declining summer income for teens, coupled with tepid consumer spending because of high gas and food prices, tight credit and the housing slump, will translate into a drop in spending for b-t-s, which is the most important selling season after Christmas.
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)