SHANGHAI — China’s luxury watch market has slowed on the back of the government’s austerity campaign here, though industry insiders remain optimistic about future growth.
Though exact figures are difficult to pin down, it’s believed that between 40 and 75 percent of luxury watch purchases in China are bought as presents, a manifestation of the ancient custom of guanxi, in which one gives gifts to maintain a network of business and personal contacts.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"