TOKYO — This city’s runway shows kick off this weekend against a backdrop of significant political and macroeconomic change for Japan.
Mostnotably, the yen has depreciated considerably since the last round ofshows in October, a development that gives Japanese apparel and textilesa competitive edge in the international marketplace. The yen has shedabout 17 percent of its value since mid-November. That reflects a shiftin monetary policy as newly elected prime minister Shinzo Abe and hiscenter-right party, the Liberal Democratic Party, seek to boost theeconomy by stoking exports and ending years of deflation in the world’sthird-largest economy.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"