COPENHAGEN — An upbeat mood reigned at Copenhagen Fashion Week since Danish fashion companies are expanding their work forces for the first time in five years amid signs of sustained strength in the industry’s foreign sales.
Total exports of Danish fashion, which account for 60 percent of the Danish fashion industry’s output, rose 1.8 percent in 2013 to 22.7 billion Danish kroner, or $4.17 billion. Germany and England were the biggest drivers, with exports up 5 and 7 percent, respectively, versus 2012. This offset the 5 percent drop in domestic sales in 2013. Currency conversions are calculated at average exchange for the periods concerned.
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)