J.C. Penney Co. Inc. on Friday posted a 51 percent slide in fourth-quarter profits, hurt by the curtailment of consumer spending, but the retailer still managed to beat Wall Street’s expectations by 3 cents.
The company also told Wall Street it expects to post a first-quarter loss in the range of 20 to 30 cents a share.
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?"