PARIS — Weakening demand in China and a sluggish Europe continue to rain on luxury’s parade, with France’s Kering the latest big player to report single-digit gains in the first quarter.
Kering, the parent of Gucci and Bottega Veneta that was previously known as PPR, on Thursday reported sales in its luxury division climbed 4.5 percent in the three months ended March 31 — a steep deceleration from the 21.2 percent gain registered in the fourth quarter.
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?"