There are few generational divides when it concerns spending decisions and luxury goods, a report released Wednesday by The Luxury Institute revealed.
Although volatility has returned to the stock market, the luxury sector of fashion apparel and accessories is being driven by a nascent rebound in the global economy and a growing appetite for top-quality products by Baby Boomers, Gen-Xers and Millennials.
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)