NEW YORK — Like many of the synthetic strands they sell, fiber companies report that their sector, which seemed stretched almost to the breaking point, is snapping back into shape.
They expect the resiliency to carry them through a stronger second half. Executives at major fiber firms based in the U.S. and international companies with American branches said they are seeing an uptick in business for the first time in many months. They said the difficult market conditions over the past year that forced many mills to downsize or go out of business acted as a siphon that filtered out weak companies and forced others to restructure.
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)