Ascena Retail Group Inc., which operates the Dressbarn, Maurices, Catherines, Lane Bryant and Justice brands, posted a 32 percent drop in net earnings for its second quarter ended Jan. 25 and saw softness across all of its brands.
With the weather’s impact continuing right into early March, and particular weakness at the Justice tween chain, Ascena lowered its guidance for the second consecutive quarter and said it would be stepping up efforts to reduce inventories.
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?"