Same-store sales gains and increased full price selling helped Saks Inc. narrow its loss for the second quarter to $32.2 million, or 21 cents a diluted share, from $54.5 million, or 39 cents, in last year’s period.
The luxury retailer also said Tuesday that its 121,000-square-foot unit in Plano, Tex., and the 98,000-square-foot Mission Viejo, Calif., store will close on Aug. 21 and Oct. 23, respectively.
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?"