SYDNEY — Australian show organizers report an uptick in confidence for the first half of next year.
Among the good news for importers: the yo-yo Australian dollar, which at press time hit a near 15-month high of 93.5 U.S. cents after falling to a five-year low in October 2008. Although not so good for exporters, many companies have nevertheless concentrated on shoring up their domestic businesses while waiting for the international market to recover.
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)