MOSCOW — It may have the image of a corrupt Wild West, but Samsonite chief executive Marcello Bottoli says luxury brands can't afford to underinvest in Russia.
The Russian market is "growing at twice the rate of other luxury markets," Bottoli said on the final day of the International Herald Tribune's "Supreme Luxury" conference here. If U.S. shoppers spend less because of the mortgage credit crisis and high gas prices, income from branches in Russia, China and India will shore up firms' bottom lines, he said.
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)