Three months after Super Typhoon Haiyan struck the easternmost provinces of the Philippines, killing more than 6,000 people and displacing thousands more, the country’s retail industry is starting to recover.
Despite the scale of destruction, estimated at $14 billion, the Philippines, according to analysts, is still on track to post economic growth rates within the target range of 6 to 7 percent for 2013, as forecasted. Still, Haiyan ushered in a definite slowdown in the fourth quarter. Retail appears to be slowly bouncing back so far this year.
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?"