PARIS — Consumers may be slamming their wallets shut during the economic crisis — but not their laptops.
Online selling remains one of the few bright spots in the fashion and luxury landscape, with many European luxury players plotting more expansion and predicting continued sales growth. “We are optimistic about the online platform as a vehicle to drive sales,” said Valerie Hermann, chief executive officer of Yves Saint Laurent, which launched e-commerce in the U.S. in October 2007 and plans to expand it to Europe in the near future. “In the current climate, the Internet serves not only as a limitless resource for information, but as a refuge from reality.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"