WASHINGTON — Retail prices for apparel continued to fall in February, even though overall consumer prices rose sharply as war with Iraq inched closer and energy prices surged, according to the Labor Department’s Consumer Price Index.
Retail prices for all apparel fell 0.2 percent last month, on the heels of a record decline of 0.9 percent in January. Over the last 12 months, retail prices for apparel fell 2.3 percent.
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)