Less than three months after Sun Capital Securities Group LLC took over Kellwood Co., the private equity firm is cutting the St. Louis-based manufacturer's mainstream dress business.
Despite the strong dress cycle, Sun Capital deemed Kellwood's moderate dresses — part of the former Halmode and current Lifestyle division, which includes Sag Harbor dresses — as unprofitable and is shuttering the business, while keeping mainstream sportswear and better dresses, WWD has learned.
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?"