MILAN — Aeffe SpA on Tuesday denied speculation that it might change hands.
The denial followed a rise of about 50 percent in the value of Aeffe’s shares since April 22, driven by talk the fashion group might undergo a change in ownership, with Emerisque and Change Capital mentioned as two potential investors that have eyed the group. Aeffe’s statement Tuesday sent its shares down 9.46 percent to close at 1.17 euros, or $1.62 at current exchange.
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?"