DUSSELDORF — German retailer Peter Schütte has a theory. "The worse the situation gets, the better the mood is at the CPD trade show."
With apparel retail sales declining for the ninth year in a row, unemployment at an all-time high, consumer confidence at an all-time low, bankruptcies a common occurrence, plus a string of financial and political scandals, one could argue that the situation in Germany could hardly get worse. And thus, to everybody’s surprise, spirits were exceptionally high at the three-day mega trade fair, which closed here Aug. 6.
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)