Costs related to convertible notes prevented Bluefly Inc. from swinging to a fourth-quarter profit, but the New York-based Internet retailer was able to narrow its loss.
For the period ended Dec. 31, the net loss shrank to $148,000, or 1 cent a diluted share, from a loss of $1.4 million, or 10 cents a share, in the year-ago quarter. Most recent fourth-quarter numbers included $437,000 of noncash expenses related to its convertible notes.
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?"