Shares of Dillard’s Inc. lost more than 9 percent of their value Friday, hitting their second 52-week low in a week, after Barington Capital Group ratcheted up the pressure on the retailer to take steps to maximize shareholder value.
Barington, which owns 3.7 percent of Dillard’s common stock, had earlier requested a meeting with William Dillard II, chairman and chief executive officer of the Little Rock, Ark.-based department store group. Last month, Barington said, it was informed by letter that the company’s investor relations director “would be happy to speak with you regarding our corporate strategy and answer your questions.”
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?"