Kohl’s Corp. is making the most of what economists are starting to think of as an “epidemic of thrift” that could keep the economy limping along for another year or more.
Echoing Macy’s Inc.’s results from a day earlier, Kohl’s posted stronger second-quarter profits and sales Thursday, with private and exclusive brands bringing in 49.1 percent of its business. Kevin Mansell, chairman, president and chief executive officer, said the firm had room for additional exclusives and plans to unveil a “major” new initiative soon. That could bolster its branded lineup, which already includes Simply Vera Vera Wang and Fila Sport.
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?"