Top executives at Abercrombie & Fitch Co. and American Eagle Outfitters Inc. took major pay cuts in 2007, according to U.S. Securities and Exchange Commission filings.
Total compensation for Michael Jeffries, chairman and chief executive officer at Abercrombie & Fitch, plunged 56.3 percent to $11.4 million, compared with $26.2 million in 2006. His pay package included a base salary of $1.5 million, stock and option awards of $5.1 million and $1.4 million in "other compensation." Jeffries' take included $656,545 for personal use of an airplane.
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?"