NEW YORK — Shares of Kenneth Cole Productions Inc. fell 7 percent Monday after the company said chief executive officer Jill Granoff had resigned and it posted fourth-quarter results that fell below analysts’ expectations.
Granoff resigned her posts as both ceo and director. The company said her resignation was by mutual agreement.
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?"