Sales of AnnTaylor Stores Corp.’s upscale merchandise swelled in the third quarter, helping its profits climb and lifting the women’s apparel retailer’s stock 8.5 percent to $25.77 at the end of trading Friday.
“At the Ann Taylor division, we have done a lot of things internally, and we have a lot of wind at our backs externally,” president and chief executive officer Kay Krill told WWD. “The aspirational-luxury and luxury consumers are spending again, but the middle-income consumer is holding back.”
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?"