MILAN — A shrinking show calendar, currency volatility and macro economic issues at the tail end of a period of local political instability following Italy’s general elections were only some of the concerns weighing on executives on the eve of Milan Men’s Fashion Week.
But on the upside, business is chugging along steadily. Revenues generated by the fashion sector last year grew 2.5 percent to 64.8 billion euros, and exports rose 4.3 percent to 50 billion euros, according to Camera Nazionale della Moda Italiana’s Fashion Economic Trends report issued in May. The first half is expected to show 1.5 percent growth in sales compared with the same period last year. Last week, the updated Altagamma Worldwide Market Monitor and Bain & Co. study painted a pretty picture, as the global personal luxury goods industry is expected to grow 6 to 8 percent at constant exchange compared with the 5 percent growth forecast last October for 2018.
Ganni turned over a new leaf for spring 2019, reports @fionawsma from Copenhagen Fashion Week. Instead of sending its signature floral-print dresses down the runway, the brand collaborated with 66 North, a technical outerwear brand, and produced a chic-yet-utilitarian offering that included a tie-dye vest and short set, and leopard-print pieces sprinkled among the khaki parkas and bucket hats. #wwdfashion #ganni #copenhagenfashionweek
“I love ‘Kudos’ by Rachel Cusk that just came out,” said @katieholmes212 of what’s on her summer reading list. Head to WWD.com to read which books @lilireinhart, @dakotafanning and more are picking up this summer. #wwdeye (📷: @kukukuba)
“I’ve been an actress since I was like 10 or 12, and then I went to drama school. I have a technique, and I have a process that I bring to every role. And I can talk about it, but that kind of makes it less magic, and also when I talk about it, it makes me feel like I’m full of myself,” ‘Crazy Rich Asians Star’ Constance Wu tells @leighen .(📸: @emmanmontalvan: styled by @micaelaerlanger ) #wwdeye #crazyrichasians #constancewu