Swiss Watch Exports Rise Briskly in June, Up 11.8%

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Ken Downing Leaving Neiman Marcus

15h • David Moin

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Fashion Industry Event to Unpack What It Takes to Win at Retail

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Fashion

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PARIS — Swiss watch exports rose briskly in June, up 11.8 percent, despite a drop in sales of lower-priced watches, the Federation of the Swiss Watch Industry said on Thursday.

Sales of Swiss watch exports reached 1.9 billion Swiss francs, or $1.9 billion, lifted by fast growth in Asia.

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A woman walks past a Tiffany & Co. store at a shopping mall in Beijing. The designer boutiques of Manhattan and Paris are feeling the chill of a Chinese economic slowdown that has hammered automakers and other industries. That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90 billion a year on jewelry, clothes and other high-end goods. The industry already is facing pressure to keep up as China's big spenders shift to buying more at the spreading networks of luxury outlets in their own countryLuxury Shopping Chill, Beijing, China - 29 Nov 2018

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After 28 years at Neiman Marcus, Ken Downing is moving on. Downing, one of the most colorful and visible figures in the fashion industry has been somewhat of an institution at Neiman’s as svp and fashion director. Downing’s last day at the Dallas-based retailer will be March 29, writes David Moin. #wwdnews
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Not from concentrate. 🍊 📷: @adrienneraquel Styled by: @thealexbadia . . . . . . #wwdfashion #70sfashion #sunglasses
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Plan on seeing @usmovie this weekend? The new Jordan Peele thriller, which has a 95% score on Rotten Tomatoes, will definitely leave you thinking — just like it did with its star Winston Duke. “I think that’s where this movie lives: It’s warping the mundane and warping normality, and that’s what I felt when I was watching the movie. I walked outside and colors felt different; I looked up and the sky felt a little green,” Duke told WWD’s @ktauer, describing his reaction to his first screening of the completed movie. “This film really does a great job of interrogating our culture and interrogating the mundane. Flipping it. So your reflection, your look-alike, what would that be for you? How do you warp that, how do you turn that into something disturbing and in many ways grotesque. And once you hold those two images beside each other, you have to choose which is the grotesque image and which feels right. I think it puts the audience in a place of making really deep decisions.” 📷: @jgreenery Styled by @thealexbadia . . . . . #wwdeye #winstonduke #usmovie
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Is L.A. the future of the American runway? The signs that the industry could finally consider having an organized fashion week or series of runway events in Los Angeles are there. Hollywood hero Tom Ford being named chairman of the CFDA, Rodarte’s recent flower-filled L.A. runway spectacular, and the flagging momentum of New York Fashion Week have some industry insiders looking to the West Coast for the future. The idea is especially compelling now that the next Oscars date — Feb. 9, 2020 — will overlap with New York Fashion Week’s fall 2020 season, and sponsorship opportunities for shows in New York are becoming harder to find. “The talent is here,” said Elyse Walker, the longtime L.A. retailer with luxury multilabel boutiques in the Pacific Palisades and Newport Beach, and the fashion director of online site Fwrd by Elyse Walker. “And everyone wants to be in L.A. or come to L.A. I think, if you build it they will come.” More on WWD.com Report: @boothmoore 📷: @chelsealaurenla . . . . . . . #wwdnews #lafashion #rodarte
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Oversized frames, geometric shapes and tinted lenses can only mean one thing when it comes to sunglasses: the ‘70s are back. This summer, expect to see bigger and bolder sunglass styles that can’t help but remind us of the iconic Donna Summer. Love to love you, baby. 🎶 🕶 🎶 📷: @adrienneraquel Styled by @thealexbadia . . . . . . #wwdfashion #sunglasses #summerfashiontrends
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Tom Ford chatted with our Executive Editor Bridget Foley on his appointment as chairman of the CFDA. He shared why he wanted the role and discussed how he plans to globalize the American organization. Tap the link in bio to read the full interview. . . . . . . . . #wwdfashion #tomford #cfda
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Pro-Surfer Kelia Moniz and Hailey Bieber in pieces from their collaboration with Roxy, called Sister. ⁣ It’s an apt name for a four-season collection inspired by the pair’s friendship, which was evident as they did their rounds with press, sharing laughs as Baldwin passed a cell phone to Moniz to show her a series of text messages the two then giggled about.⁣ ⁣ “We’re friends, but we’re a lot more than that and I think the next step of that is basically sisters,” Moniz said. “I don’t have a sister so I feel like a lot of the girls in my life become sisters.”⁣ ⁣ Report: @karihamanaka . . . . . . . #wwdfashion #haileybaldwin #keliamoniz
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BREAKING: Tom Ford has been elected chairman of the Council of Fashion Designers of America.⁣ ⁣ WWD broke the news last week that Ford was in line to succeed Diane von Furstenberg, who has held the job for the past 13 years. Under von Furstenberg, along with Steven Kolb, chief executive officer of the CFDA, the organization has ushered in a period of unprecedented growth for American fashion, followed by the current period of volatility triggered by seismic changes within and outside of fashion.⁣ ⁣ Von Furstenberg had succeeded Stan Herman in 2006, who served in the role for 16 years.⁣ ⁣ Ford is the 11th person to hold the position (which had previously been titled president until it was upgraded to chairman for Furstenberg in 2015). The roster of presidents has included Herman, Sydney Wragge, Norman Norell, Oscar de la Renta, Herbert Kasper, Bill Blass, Mary McFadden, Perry Ellis and Carolyne Roehm. Report: Lisa Lockwood . . . . . . #wwdfashion #tomford #cfda
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Victoria's Secret swimwear is back. 👙 The brand eliminated its swimwear line in spring 2016 in an effort to focus on its core lingerie business. But shifting consumer tastes and a movement toward brands that promote inclusivity, such as American Eagle Outfitters’ Aerie, as well as start-ups like Adore Me and ThirdLove, have caused Victoria’s Secret to lose market share. The move back into swimwear is an attempt to win back some of the lost market share in what had been a $525 million business for the retailer. Victoria’s Secret also said it was now selling swim accessories on its website, such as sunglasses. Report: Kellie Ell . . . . #wwdfashion #victoriassecret