LONDON — Panama, Ghana and the Dominican Republic could well be the luxury hubs of the future, according to a report to be published later this week by Ledbury Research.
The consultancy’s twice-yearly “HotSpot” report examines new markets around the world and measures their potential appetite for luxury goods based on factors including business air travel, luxury retail, economic and wealth growth.
Jordan stands in the top spot in the latest ranking, thanks to a new Louis Vuitton store that opened in Amman in July, and also to the capital’s Cartier, Bulgari, Tiffany & Co. and Burberry stand-alone stores. Ledbury points out that Jordan’s economy has grown at an average rate of 4.3 percent a year since 2005, and the 2011 gross domestic product per capita is $6,000. Unemployment is high, however, as is public debt, while instability in the region remains a risk.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)