WASHINGTON — Capitol Hill lawmakers are poised to confront the daunting challenge of finding a compromise to avoid a “fiscal cliff” in the lame-duck session of Congress that begins Tuesday, but several trade-related measures with broad implications for the fashion industry also have a chance of advancing.
The top priority for lawmakers as they return this week after adjourning in September to campaign for the elections is negotiating a compromise solution to expiring tax cuts enacted under former President George W. Bush and to deep spending cuts to federal agencies and the Pentagon that will take effect in January unless action is taken. Last week’s elections, which sent President Obama back to the White House for a second term and saw Democrats retain and increase control of the Senate and Republicans maintain their majority in the House, have only increased pressure for some sort of compromise.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)