With the U.S. economy growing at a slow pace and Europe digging itself out of a debt crisis, the focus has turned all the more so to emerging markets. And it’s not just because the economic expansions of China and India are outpacing the growth rates seen in traditional Western retail venues. Retail is a mature industry in the U.S. and Europe, with competitors vying for share even in the tiniest nooks and crannies of the market. But in markets that are rapidly modernizing, masses of people are just getting a taste for international brands and new supermalls are being built—new worlds to conquer for global businesses yearning for growth. A.T. Kearney, looking at 25 variables, ranks the countries most ripe for retail expansion in its Global Retail Development Index. Here’s a look at this year’s top 10, with some selective perspective from the consultancy, the CIA World Factbook, The World Bank and WWD.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)