PARIS — Will the luxury goods business recover quickly from the impact of SARS? Or will the deadly epidemic, which has already claimed some 550 lives and infected more than 7,400 people, afflict the sector for months to come?
Investors will be looking for fresh clues this week. Hermès and Bulgari are slated to report first-quarter sales today, and Bulgari has already warned that the SARS outbreak would cause it to miss its financial targets this year.
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)