Shares of Jones Apparel Group jumped 14.3 percent in trading Wednesday after the company’s small first-quarter profit beat Wall Street’s expectations and the firm said it will prune 225 unprofitable store sites over the next 18 months.
Shares closed Wednesday at $9.21, up $1.15, on the New York Stock Exchange, their highest final price since Nov. 5.
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?"