MILAN - Italy's Safilo Group SpA revised down its full year outlook on Wednesday, after the spiraling dollar and a weak performance in Europe reduced second quarter earnings by more than a third.
The eyewear company, which has licenses with Armani, Dior, Gucci, and Valentino, among others, slashed its revenue growth forecast to 4 percent,from 7-8 percent at constant exchange, and adjusted its net income target to 3 to 3.5 percent of sales, from 4.5 to 5 percent.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"