Shares of Abercrombie & Fitch Co. jumped more than 7 percent Wednesday after the teen specialty retailer reported that aggressive promotions helped it boost sales and nearly double fourth-quarter profits.
However, analysts worried that, with double-digit cost increases set to take hold later this year, the company might not be able to sustain the demand for its relatively higher-priced apparel.
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?"