Shares of American Eagle Outfitters Inc. dropped more than 17 percent in early after-hours trading Monday after the teen retailer cut its second-quarter profit estimates in half based on weakness in the women’s business.
The Pittsburgh-based operator of American Eagle and aerie said late Monday that earnings from continuing operations are likely to land at about 10 cents a diluted share, less than half the 21 cents registered in the second quarter of 2012.
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?"