The Meltdown

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Overview

The economy was ailing for most of the year, but dramatically plunged in the fall, affecting U.S. as well as world markets, employment and overall consumerism. SEE LIST AT LEFT FOR ALL OF TODAY'S ARTICLES

From This Issue

UNDERGROUND STATION

Retail

Street Stuff

Urban contemporary retailers ranked by number of stores.*

clock June 26, 2008Cecily Hall

Donna Karan

Fashion Features

Year in Fashion: They Said It

Fashion’s highly quotable crowd was at it again.

clock December 15, 2008Dianne M. Pogoda

NIKE

Media

What’s Clicking

The top 20 shoe brands most searched for online during the month of September.

clock December 15, 2008WWD Staff

Jean-Paul Agon

Financial

L’Oreal Gains YSL Beaute

Beauty industry leader L’Oreal made a major addition to its fashion lineup when it acquired YSL Beaute for 1.15 billion euros, or $1.8 billion.

clock December 15, 2008Pete Born

Christian Courtin-Clarins

Financial

Clarins Goes Private

With the announcement of going private and a management shift, Groupe Clarins has positioned itself for overall growth.

clock December 15, 2008Michelle Edgar

CVS’ Beauty 360 store dressed for the holidays.

Financial

Beauty Branches Out

It’s not quite Tony Randall and Jack Klugman, but retailing this year has seen its share of odd couples.

clock December 15, 2008Matthew W. Evans

Miley Cyrus

Fashion Features

Miley’s Minions

Miley Cyrus, aka Hannah Montana, gave a free concert in New York’s Bryant Park on a hot Friday morning in July.

clock December 15, 2008WWD Staff

Scott Beattie

Financial

Year in Fashion: Elizabeth Arden’s Major Deal

Elizabeth Arden purchased the global licensing rights to Liz Claiborne Inc.’s fragrance brand portfolio in late May expanding its reach in the beauty world.

clock December 15, 2008Molly Prior and Julie Naughton

Fashion Features

Year in Fashion: For Whom Do Women Dress?

WWD asked this provocative question of showgoers during New York’s collections in February.

clock December 15, 2008WWD Staff

Clairol ad.

Financial

Do It Yourself: Hair Color to Manicures Head Home

As the economy has headed south this year, at-home treatments have been growing in popularity.

clock December 15, 2008Andrea Nagel

Jennifer Lopez and Marc Anthony at Domenico Dolce's birthday party.

People

The Year in Parties

Neither rain, nor sleet nor market crash deterred the social set this year.

clock December 15, 2008WWD Staff

Patrizio di Marco

Designer and Luxury

Year in Fashion: You’re Either In or You’re Out

Fashion’s revolving door kept spinning in 2008, with executives and designers in flux at Europe’s biggest luxury groups.

clock December 15, 2008Miles Socha

Men's Vogue November 2008 Cover

Marketing and Promotion

Year in Fashion: Tough Reality for Media

A sea change is taking place in the media and the difficult economy is stirring the pot.

clock December 15, 2008Stephanie D. Smith

Net-a-porter’s site.

Business Features

Year in Fashion: Safe Haven Online

So far, e-commerce is providing a shelter from the storm of the rest of a the retail world.

clock December 15, 2008Cate T. Corcoran

Alexander McQueen’s McQ line for Target.

Retail

Year in Fashion: Moves at Mass

This year will be remembered as one of transition for mass market retailers.

clock December 15, 2008Sharon Edelson

Pres. Elect Barack Obama and his wife Michelle Obama.

Fashion Features

Year in Fashion: Election Chic

Political figures took the fashion spotlight.

clock December 15, 2008Bridget Foley

Unprecedented markdowns characterize this selling season.

Retail

Year in Fashion: Fashion Crisis

Poor sales at retail can’t be blamed solely on the sagging economy.

clock December 15, 2008Bridget Foley

A rendering of the Elie Saab-designed luxury hotel in Dubai.

Designer and Luxury

The Global Challenge: Fashion Heads to the Middle East

The Middle East has been the hottest region for luxury this year, but even it, like most other areas, is facing a slowdown.

clock December 15, 2008Marc Karimzadeh

Yves Saint Laurent in 1968.

Designer and Luxury

Year in Fashion: Au Revoir, Yves

The death of the great couturier Yves Saint Laurent marks the end of an era.

clock December 15, 2008Ellen Groves

President-elect Barack Obama.

Government and Trade

Year in Fashion: Barack Obama’s New Agenda

Creating jobs and restoring confidence will be on top of the new president’s agenda.

clock December 15, 2008Kristi Ellis

The New York Stock Exchange

Financial

Year in Fashion: The Meltdown

The economy was ailing for most of the year, but dramatically plunged in the fall, affecting U.S. as well as world markets, employment and overall consumerism.

clock December 15, 2008Evan Clark

Steve & Barry's is filing for Chapter 11.

Financial

Year in Fashion: The Credit Crunch

The subprime debacle of 2007 turned into the panic of 2008.

clock December 15, 2008Vicki M. Young

Designer and Luxury

Year in Fashion: Luxury’s New Reality

When the year started, luxury looked invincible.

clock December 15, 2008Robert Murphy

Jan. 7: John Galliano’s witty New Year’s card shows Christian Dior himself
applying rollers to Galliano’s famous locks.

Fashion Features

2008: Fashion Moments

Some of the most memorable fashion stories of 2008.

clock December 15, 2008Veronique Hyland

Essentialist

Today's Must Read

Workers put finishing touches on a Bangkok shopping mall.

Business

State of the Mall: A Worldwide Surge, Driven by China and Mexico

clock 10hTiffany Ap

Social Studies