LONDON — Britain is buckling up for one wild ride this year, with the Brexit process expected to begin by the end of the March and economic growth set to slow to 1 percent, compared with 2 percent in 2016. Inflation will accelerate due to the pound's collapse in 2016 against the dollar and euro, although household incomes are unlikely to rise.
The weak pound — a boon for foreign shoppers, a headache for British manufacturers and retailers — is likely to claw back some ground against the dollar by late next year. The big banks, meanwhile, expect consumption — and investment — to slow as Prime Minister Theresa May's government begins negotiations to extract Britain from the European Union — on the best trading terms possible.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)