Investors in Tokyo appeared to shrug off a recent round of speculation that Fast Retailing Co. Ltd. is interested in buying Gap Inc.
Shares of Fast Retailing, which operates the Uniqlo chain, ended Monday's session up 2.13 percent at 25,390 yen, or $323.32. That gain is in line with the performance of the overall market. The Nikkei 225 index rose just over 2 percent.
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)