LONDON — The luxury virus is catching: Shares in Mulberry Group plc fell more than 25 percent on Tuesday following news that a slowdown in demand among the brand’s Asian wholesale clients would dent year-end sales and profits.
“Primarily due to lower wholesale revenue, Mulberry now expects group revenue growth for the year to 31 March, 2013 to be below market expectations,” said Bruno Guillon, the company’s new chief executive officer, in an unscheduled trading update that rocked the market Tuesday morning.
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; Styles 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)