On Wednesday, WWD reported a financial statistic you probably could've predicted: that luxury sales in the U.S. took an ugly nosedive during the holiday season. Retail, as we know it, is struggling, with department stores and fashion houses alike going to great lengths to get shoppers — millennials, especially — in the door. According to MasterCard, there was a 12.9 percent dip in the domestic luxury business in November and December.
It is raining kimonos in Tokyo. United States-based Japanese heavy-metal superstar Yoshiki kicked off Amazon Fashion Week Tokyo by sending models down the runway in sexy, reimagined kimonos drenched in a downpour on Monday.