Baraged with news of bankruptcies, including Fortunoff, Searle, Mervyns, Harold’s and Steve & Barry’s, and the closure of boutiques like Linda Dresner, Georgina and Tracey Ross, retailers sat at fashion shows trying to figure out how to buy under the most trying circumstances many say they’ve ever experienced. Consumers, it appeared, had gone on strike.
By early March, the Dow Jones Industrial Average had plunged below 6,600, its lowest point in nearly 12 years; the U.S. unemployment rate hit 8.1 percent for February, its highest rate in 26 years. Major stores were suffering monthly sales declines and worrying about cash flow, and cost-cutting at the retail and wholesale levels had become standard operating procedure.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"I thought years ago that [Jaime] was going to bite the bullet. [The writers] knew who would be left standing, but they never told us so it was this constant guessing game," says @gameofthrones actor @nikolajwilliamcw. See what the actor had to say about season 7 and the show ultimately coming to end on WWD.com. #wwdeye (📷: @tomgoldblum)