NEW YORK — Top-tier jewelry companies aren't flinching in the face of the U.S. economic slowdown — and are proceeding full-speed ahead with their store expansion programs.
Chanel is the latest brand to open a well-appointed jewelry flagship to service its ultrawealthy clientele, joining the likes of De Beers, Graff, Cartier, Leviev and Bulgari in creating Manhattan showcases to opulence. And, despite seesawing stock markets, the weak dollar and the subprime mortgage crisis, the well-heeled show no signs of cutting back on jewelry purchases. In fact, they see the products as an investment, especially in a era of skyrocketing precious metals and gems prices.
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)