Emerging markets are poised to quadruple their share of luxury apparel spending over a two-decade span with rapidly growing cities accounting for the largest share of the expansion.
A report from McKinsey & Co.’s apparel, fashion and luxury group, titled “The Glittering Power of Cities for Luxury Growth,” found that the share of spending on luxury women’s ready-to-wear in developing markets, just 8 percent in 2004, more than doubled to 17 percent in 2011 and is likely to nearly double again, to 32 percent, by 2025.
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)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)