MILAN — Lifted by growing demand for accessories and China’s ongoing appetite for luxury goods, the global luxury market in 2012 is expected to reach sales of 212 billion euros, or $274.5 billion at current exchange rates, up 10 percent compared with last year, according to a study by Bain & Co. in cooperation with Italy’s luxury goods association Fondazione Altagamma.
Sales in the last quarter of 2012 are forecast to grow 7 percent as no slowdown is expected for the upcoming holiday season.
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?"