In A glimmer of hope that luxury spending is coming back, Neiman Marcus Inc. reported Wednesday that revenues rose 7.7 percent in February, led by performances at its stores in jewelry, women’s contemporary sportswear, shoes and men’s wear.
And MasterCard Advisors’ SpendingPulse said luxury sales (excluding jewelry) jumped 15.2 percent last month, following respective gains of 5.5 percent and 8.1 percent in December and January.
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)