Retail stocks and e-commerce sales are continuing to set new records.
Shares of retailers pressed on to new highs on Wall Street today as the market rally rolled on. And the Commerce Department said e-commerce made up 5.5 percent of all U.S. retail sales in the first quarter, a record and up from a 5.4 percent share in the fourth quarter.Seasonally adjusted e-commerce sales increased 15.2 percent to $61.17 billion versus a year earlier, while total retail sales, including e-commerce, inched up just 3.7 percent to $1.12 trillion.
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?"