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Gaultier has had setbacks: his only boutique in the United States, on Madison Avenue, closed in 2005, and, like everyone else in the luxury business since the recession, he has seen his orders drop.
Eurozone PMI vs GDP growth 9.11am BST New orders drop sharply in eurozone Eurozone companies saw a sharp decline in new orders in July, forcing them to lay off staff.
"I get reports every day of people seeing their orders drop sharply from the third quarter," said Jerry Jasinowski, the president of the National Association of Manufacturers in Washington.
He's seen orders drop 15% since last year, but the pound has lost almost 30% of its value against other currencies - making his products much cheaper in overseas markets.
But machine tool orders drop, the Aruoba-Diebold-Scotti Aruoba-Diebold-Scotti Aruoba-Diebold-Scotti Businessan-average Conditions, and there were stIndex.8 million job openings on the last business day of April (little continuesrom 3.9 million in March).
"We started seeing orders drop off four months ago," says Rhone Resch, president of the Solar Energy Industries Association.
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Net orders dropped 17 percent to 1,166 homes.
Excluding transportation gear, orders dropped 1.5percentt.
Motor vehicle orders dropped, along with orders of capital goods.
And machine tech orders dropped significantly in January.
Excluding the volatile transportation sector, orders dropped 3.8 percent.
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