Anger, denial and acceptance underscored this month’s market, as vendors and retailers struggled with the reality of a troubled economy and women’s apparel prices that plunged 2.2 percent in October, the largest on record for the month.
November traditionally is a smaller market that bridges the gap for immediate merchandise, last-minute reviews of spring-summer buys and a reevaluation of back-to-school programs. It also has become an increasingly demanding venue for additional markdown money, as fewer shoppers create an overabundance of inventory.
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)