PARIS — An unfavorable currency environment is not only creating strong headwinds for Europe's high-flying luxury sector; it could compel some players to diversify their businesses further and possibly shift production toward Asia, analysts say.
Yet even as the dollar drifts to new lows against the euro and British pound, analysts trumpeted the resilience of high-end consumers, downplayed price resistance so far and pointed to booming emerging markets that are fanning sales and easing pressure on operating profits.
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?"