The bears have taken over Wall Street, shoppers and stores have a serious case of the blahs and technology and globalization are reshaping how goods are made, who’s buying them and how they’re marketed. Even the luxury sector, giddily invincible for years, is facing a newly frugal customer.
Fashion is famous for reinvention, but what does the industry need to do to weather the current downturn, which could be much more serious than previous slumps, and reposition itself for a rapidly changing world?
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)