Northern California’s Silicon Valley, an incubator of consumer affluence as well as technological innovation, is starting to feel the impact of the financial crisis — creating a chill for industry retailers.
“The economic fears really grabbed us here on Sept. 22 with the stock market meltdown,” said Robert Reedy, a senior vice president with RMSA retail consultants, who advises 35 independent fashion boutiques in the San Francisco Bay Area, including several in Silicon Valley. He has told merchants to prepare for potential sales declines of about 20 percent.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)