NEW YORK — Robust same-store sales in October led many retailers to boost third-quarter earnings forecasts, but most were simply reversing the prior month’s lowered expectations.
Retailers last Thursday reported October same-store sales were substantially higher than expected and, in most cases, above those of October 2001, as cold weather and pent-up demand lifted outerwear and sweater sales and pushed war fears and economic problems off many consumers’ radar screens.
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)