PARIS — Carrefour said Wednesday it has sold its 25 percent stake in Majid Al Futtaim Hypermarkets for 530 million euros, or $700.4 million at current exchange rates, to its partner in the region, Majid Al Futtaim Holdings.
The world’s second-largest retailer after Wal-Mart Stores Inc. said it also extended its long-term franchise agreement with Al Futtaium through 2025, with the pact covering new countries and formats.
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?"