The Clinton Group Inc. has moved forward in its effort to reconstitute the board of The Wet Seal Inc. and boosted its stake in the troubled specialty retailer.
In a filing with the Securities and Exchange Commission, the activist investor group sought comment and approval from the SEC in its effort to obtain shareholder support to unseat four incumbent directors, including chairman Harold Kahn, and fill the board vacancy created by the termination last month of Susan McGalla as the company's chief executive officer.
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?"