This is Saks Inc.’s moment in the spotlight — and a reworking of the luxury sector just might be in the offing.
Word that Saks had hired Goldman Sachs to explore a potential sale drove its stock up another 13.4 percent to $15.50 Wednesday. Traders rushed in to get a piece of the action, and more than 23 million shares changed hands, about 10 times the daily average.
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?"