Retail stocks fell today and shares of Wal-Mart Stores Inc. weighed on the Dow Jones Industrial Average after J.P. Morgan downgraded the discounter’s stock to neutral from overweight.
J.P. Morgan analyst Christopher Horvers said Wal-Mart improved last year, having added more stockkeeping units to its stores and “successfully returning to price/assortment leadership after wandering off the path.”
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?"