Even value brands are vulnerable in an economic downturn.
Case in point is Jane Cosmetics, which on Feb. 28 alerted suppliers via a letter to its “major cash liquidity crisis,” and how it “is unable to meet its current payment obligations.” The problems stem from three contributing factors, the letter said, including a number of discrepancies with a “major mass retailer,” late payments from retailers as well as an aggressive December new product launch.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)