Upscale department store chain Nordstrom Inc. said Monday fourth-quarter earnings dropped more than two-thirds and forecast double-digit declines in sales and earnings in 2009.
For the three months ended Jan. 31, net income fell 67.9 percent to $68 million, or 31 cents a diluted share, from $212 million, or 92 cents, in the comparable 2007 quarter. The quarterly profit beat analysts’ projections by a penny.
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?"