FLORENCE — Knitters at last week's Pitti Filati yarn fair said market stability was threatened by a weakening U.S. dollar.
Although executives noted an increase in the number of U.S. and Japanese firms at the fair, held July 4 to 6 at the Fortezza da Basso here, many had difficulty selling yarn at an exchange rate that hit a new height of 1 euro worth $1.37.
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)