Wolfgang Joop on the Crisis in the Luxury Industry 'I Anticipate Many More Bankruptcies'

Fashion designer Wolfgang Joop is one of the stalwarts of the German fashion industry. He spoke to SPIEGEL about the downturn in the market for luxury and fashion goods, how his new label Wunderkind will survive the downturn and why he sees himself as an economic "Joan of Arc."
German designer Wolfgang Joop poses in front of his Wunderkind boutique in Berlin.

German designer Wolfgang Joop poses in front of his Wunderkind boutique in Berlin.

Foto: DDP
Photo Gallery: An Economic 'Joan of Arc'
Foto: DDP
Fotostrecke

Photo Gallery: An Economic 'Joan of Arc'

Interview conducted by Thomas Tuma