The back-to-school blitz is around the corner — and the stakes are higher than ever.
The season comes as there are growing fears among executives and analysts of “a double dip” recession. On top of that, weak consumer demand in May and June has created rising inventories and the potential of steeper markdowns in a reminder of the nightmare days of late 2008.
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?"