Consumer spent more than expected last month as incomes grew, and although the retailers missed out on much of that spending, there are signs that momentum could be turning in the industry’s favor.
February personal consumption expenditures rose 0.7 percent on top of the 0.4 percent rise in January, according to a Commerce Department report today. The gain in February came in ahead of the 0.6 percent economists projected.
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?"