President Donald Trump fielding questions from members of the media in the lobby of Trump Tower during a recent stint in New York.
President Trump has a habit of jumping from one political issue to another, but trade is one area the still-new administration has consistently trained its eye on.In an attempt to put Trump’s “America First” campaign slogan to work, the early days of the administration seemed open to the prospect of a Border Adjustment Tax proposed by the House last year that would see companies taxed partially based on the amount of products they imported.The idea of a policy agenda aimed at forcing U.S. companies to manufacture goods domestically was anathema to apparel companies, which have a majority of their production abroad.Retailers were quick to start pushing back and the National Retail Federation labeled the BAT as essentially a $5.6 billion tax on the American consumer, claiming such a policy would undoubtedly increase the cost of goods.Some of the biggest merchants in the U.S., including Amazon, Wal-Mart Stores Inc., Target Corp. and Nike Inc., took lobbying into their own hands during the first months of the administration and spent millions to make their stance on issues like trade and taxes known.While David French, the NRF’s senior vice president for government relations, said the efforts “have been very effective,” he admitted that the proposal “will not be truly dead until we see a tax bill in the House that does not include it.”Secretary of the Treasury Steven Mnuchin has said the Trump administration wants a tax-reform bill done by the end of the year, but that seems less and less likely as the Trump administration has failed to get its health-care or immigration agendas off the ground.The North American Free Trade agreement is also in the process of being renegotiated, after Trump initially said he wanted to pull out of the trade pact, like he did with the Trans-Pacific Partnership. But retail groups again made clear their support for the deal. As for the populist wave that Trump rode into the presidency, it appears to be splintering into a force more concerned with nationalism than economics and leaders in the retail and apparel industry are uncomfortable.Under Armour chief executive officer Kevin Plank and Wal-Mart Stores Inc. ceo Doug McMillon, who both have voiced support for Trump’s “pro-business” attitude and joined his Manufacturing Advisory Council, took his delayed and mild response to the violent gatherings of white nationalists and supremacists and counter-protestors in Charlottesville, Va., as reason to start pulling away from the presidency.Plank decided to leave his seat on the White House's American Manufacturing Council and McMillon released a statement critical of Trump’s reaction, saying “he missed a critical opportunity to help bring our country together by unequivocally rejecting the appalling actions of white supremacists.”Despite his take on the president’s response, McMillon said he was staying on the council. Trump subsequently disbanded the group, along with his Strategic and Policy Forum, aimed at creating jobs and stimulating the economy, saying on Twitter that he didn't want to “pressure” businesspeople.The disbanding came less than a day after Trump tweeted he had “many” executives to take the place of those who had left his councils.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty