Shares of Casual Male Retail Group Inc. vaulted more than 40 percent Tuesday after the men’s big and tall specialty chain reported that cost cuts and inventory control allowed it to increase profits more than 90 percent in the second quarter despite declining sales.
David Levin, chief executive officer, also termed a success the company’s first hybrid units — which bring together its Casual Male XL and Rochester Big & Tall nameplates — saying they are “exceeding expectations” in the first four weeks in operation, and that four of the five new concept stores are among the company’s top 10 best performers.
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?"