The same economic turmoil that hurt Li & Fung in the first half — pushing operating profits down 21.6 percent — is also opening opportunities for the sourcing giant to acquire more European businesses.
Bruce Rockowitz, group president and chief executive officer, told WWD that Europe still has “a few more years” before it works through economic troubles, which he likened to a slow-motion version of what happened in the U.S. after the 2008 Lehman Brothers collapse.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"I thought years ago that [Jaime] was going to bite the bullet. [The writers] knew who would be left standing, but they never told us so it was this constant guessing game," says @gameofthrones actor @nikolajwilliamcw. See what the actor had to say about season 7 and the show ultimately coming to end on WWD.com. #wwdeye (📷: @tomgoldblum)