WASHINGTON — As if the recession weren’t bad enough, now there’s yet another economic danger rearing its head like a roaring dragon: deflation.
The U.S. Labor Department on Wednesday reported consumer prices fell 1 percent in October, with a 2.2 percent drop in apparel prices. Women’s clothing prices alone fell a seasonally adjusted 2.5 percent last month. Both the overall fall in apparel prices and the decline in women’s prices were the largest declines on record for the month of October.
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?"