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.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)