Ann Inc. on Friday reported second-quarter profits rose 52 percent to $24.8 million or 47 cents per diluted share, from $18.6 million or 31 cents per diluted share last year, beating Wall Street analyst estimates.
Sales in the second quarter grew 15 percent and comps increased 8.6 percent, the company said. Total net sales for the second quarter were up $558.2 million, compared with net sales of $483.5 million in the 2010 period.
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?"