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."
"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)