NEW YORK — Investors burst back from the Fourth of July weekend and sent stocks skyrocketing.
Buoyed by VF Corp.’s agreement to purchase Nautica Enterprises Inc., U.S. retail and apparel companies enjoyed the Monday rally. Strong earnings from Cache and an upgrade to Bebe Stores helped those firms establish new 52-week highs.
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)