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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"