At least one major industry executive isn't pussyfooting around the "R" word: Lew Frankfort, chairman and chief executive of Coach Inc., said the economy is in the midst of a consumer-led recession.
In an interview Wednesday, Frankfort said the recession began in December and "is unlikely to evaporate any time soon. A tax stimulus package will help, but this recession needs to run its course. Things should start improving in the second half of calendar [year] 2008."
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"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)