Financial analysts and private bankers expect the global economy, with the help of a more dynamic Asian region, to bounce back sometime in 2010, but also anticipate employment prospects, vital in reviving consumer demand, to lag behind.
“I think 2010 will be the turning point in terms of the global economy,” said Olivier Collombin, executive director of the private bank Lombard Odier, Geneva, one of Europe’s oldest private banks. “And as we all know, the markets will anticipate it,” he said in an interview on the sidelines of a conference by the Convention of Independent Financial Advisors, an umbrella group that represents independent asset managers who oversee more than 20 percent of global wealth.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)