WASHINGTON — The $300 billion farm bill passed by Congress last week by enough votes to sustain a threatened veto from President Bush could ring the death knell for the Doha Round global trade talks aimed at lowering tariffs and subsidies among World Trade Organization members.
WTO trade diplomats have been trying to hammer out a global trade accord for more than six years but a stalemate between poor and rich countries over the level of cuts in agricultural subsidies has thwarted their efforts time and again. WTO director-general Pascal Lamy has warned that negotiators have only a matter of weeks to reach an agreement on the basic outlines of a trade accord if they are to meet the targeted goal of a final global pact by the end of the year.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)