Forget bank loans and public debt — the financing of fashion is increasingly about cash.
Fitch Ratings said its debt scores on retailers and consumer products firms are placing greater emphasis on internal sources of funding, such as cash reserves and cash from operations. Companies selling goods that are “wants” more than “needs,” including several apparel retailers, are expected to be especially challenged by the harsh retail environment.
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?"