The affluent are back, and they’re buying clothes.
Increased confidence about the economy — and their own financial circumstances — led affluent consumers to boost their purchases of apparel in the third quarter, reversing a sharp downward trend earlier in the year, according to data compiled by Unity Marketing. A study by Accenture also showed a growing appetite for luxury goods among the general population.
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)