Chaos in the credit and equity markets has put a hold on consolidation activity in the fashion industry for the time being, but the hiatus might not last long.
Ultralow stock prices, tight credit markets and weakening consumer demand could eventually lead to a new round of consolidation among buyers and sellers, and ultimately an even smaller fashion industry where the number of corporate players shrinks further and the big get even bigger.
"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)