PARIS — On a last-minute Christmas shopping spree this past weekend, Austrian real estate company Signa acquired the site of Berlin’s iconic department store KaDeWe along with 16 other Karstadt locations, giving a strong boost to the German property market.
The Innsbruck-based real estate giant said it paid 1.1 billion euros, or $1.45 billion at current exchange, to acquire the collection of buildings from HighStreet, a consortium that includes Whitehall, the Goldman Sachs property fund, and Deutsche Bank’s RREEF.
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?"