Higher cotton costs helped drag Hanesbrands Inc. into the red for the first quarter, but the company beat analyst estimates and said the worst had passed.
Net losses totaled $26.8 million, or 27 cents a share, and compared with year-ago earnings of $48.1 million, or 49 cents. Analysts expected the company to post slightly steeper losses of 33 cents a share.
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?"