The top 10 stories of 2000 from WWD

Key ideas: Internet stock market collapsed / consumer cut expenditure / soaring oil prices / Tom Ford’s succeed / trade issues.
This article showed how fashion connects with economy, technology, and politics.
LAW AND ORDERS
It was a great year if you were a lawyer, not so hot if you were a dot-com investor.
Many of 2000's most riveting stories could have come straight out of a TV courtroom drama, with bitter -- downright nasty -- accusations being hurled, quite publicly.
The travails of the stock market, especially the flameout of Internet issues, sent investors running for shelter, while a few fashion executives were arrested for stock fraud or creative accounting.
American consumers, meanwhile, began to temper their spendthrift ways. Pelted by soaring oil prices, bored by uninspiring fashions and distracted by post-election uncertainty, they slowed spending considerably, even as Asian markets rebounded.
The love affair with the corporate group strategy continued, as the powerhouses kept up their blistering pace of gobbling brands and new conglomerate-wannabes were born.
On the runways, fashion was fixated on Tom Ford's first collection for Yves Saint Laurent, John Galliano's controversial Hobo Chic couture and the ascension of Imitation of Christ.
Of course, there were many significant developments in the first year of the new millennium -- not the least of which was that no Y2K bug ever materialized -- including breakthroughs like Burlington Industries' nanotechnology and landmarks in trade, passage of Africa-CBI and China gaining permanent normal trade relations status (its first step toward joining the WTO).
Here, WWD offers the top 10 stories of 2000.

From wwd.com