Midnight madness materialized just as retailers wished, but there wasn’t enough of the same old Black Friday magic in malls and along major shopping avenues through last week to juice up the mood for the holiday season.
That leaves retailers prepared to stay the course and still confident, after a week’s worth of intense promoting and extended store hours, that they’ll meet holiday goals, conservatively set at 3 to 4 percent ahead on average. They also believe consumer confidence is holding up, though there’s plenty of uncertainty with the fiscal cliff looming and with Northeast cities still recovering from Hurricane Sandy, which cost retailers billions of dollars in business. For fashion retailers, it will be impossible to entirely make up the lost volumes, though companies involved in construction and home furnishings will see a lift as communities rebuild.
"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)