A space squeeze on designer fashion has intensified competition for consumer purchases of those goods, said Marshal Cohen, chief industry analyst at The NPD Group.
"The designer market is as big as ever in terms of number of designers, but they are in fewer stores and less space," Cohen said. The merger of Federated and the May Department Stores Co. — now known as Macy's Inc. — alone slashed the availability of designer fashion items by about one-third, he estimated.
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)