Despite an undeniably tough economy, retailers managed to keep sales momentum going through much of the summer, thanks to help from the last of the government’s stimulus checks. While discount retailers reaped most of the consumer spending rewards, the National Retail Federation reports that other retailers enjoyed some trickle benefits, as well.
Many retail categories, such as clothing and clothing accessories, reported strong gains in July. Stores’ sales increased 0.2 percent seasonally adjusted from June and rose 3.1 percent unadjusted year-over-year, according to the NRF.
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)