Forget the runway — the big changes in fashion this fall might come from the boardroom.
An unusual combination of economic forces is coming together, pushing buyers and sellers closer together even as the economy skids along and consumers suffer through nearly 10 percent unemployment. Private equity firms have big money in their pockets that they’re obliged to spend, stocks are cheap relative to earnings, companies are sitting on cash hoards and looking to reinvent, and financing is available. Further adding to the pressure to make deals, potential changes to tax laws could make it more expensive to sell next year.
"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)