Coming off the nightmare of fall’s early and aggressive markdowns, the first spring price cuts are already budding. Sample sales are on the rise, too, with stores pushing back goods to vendors. And some retailers are utilizing sales tactics usually reserved for holidays and pre-Christmas. Myron E. “Mike” Ullman 3rd, J.C. Penney chairman and chief executive officer, expressed optimism in signs of increased store traffic:“We are not seeing a wild or crazy shift, but there’s been a slight uptick.” In Europe, Arcandor AG, is spinning off its premium department store operations and a large portion of its catalogue business. Meanwhile, an epidemic of specialty store closings and consolidations is sweeping through the Los Angeles region as retailers succumb to the recession.
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)