Jones Apparel Group Inc. is hoping that a vigilant approach to costefficiencies will help it limit the impact of higher prices that appearlikely to start showing up in stores toward the end of the year.
WesleyCard, chief executive officer, discussed the price situation on aconference call with analysts after the company reported second-quarterprofits that nearly doubled year-ago levels and beat consensusestimates. The Jones executive said cost pressures will begin to affectprices of some goods in the fourth quarter, and more so in spring 2011.While prices for leather and cotton have moved up sharply, Card said the“cotton impact is starting to moderate and…the supply is now comingon-stream much stronger and should catch up to demand.”
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?"