LONDON — The dollar is bulking up — and that’s cause for either cries of pain or celebration.
The euro has fallen 11.3 percent against the dollar year-over-year while the pound has slid 9.4 percent against the U.S. currency. The renewed strength of the dollar will have an increasing impact on the bottom lines of retailers and brands that source and manufacture in greenbacks, while giving American companies renewed muscle in the European market in terms of buying everything from designer goods to other companies.
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?"