NEW YORK — Plunging costs and lower debt allowed Fila Holding SpA to substantially cut its loss in the fourth quarter.
For the three months ended Dec. 31, the Biella, Italy-based footwear and sportswear company reported a net loss of $16.6 million, or 38 cents a diluted American depository share (ADS), just more than one-third the prior-year loss of $46.7 million, or $1.52.
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?"