Shares of Express Inc. rose more than 20 percent in the aftermath of Sycamore Partners’ disclosure Thursday that it had acquired a 9.9 percent stake in the retailer and is interested in buying the company outright.
The stock was up 21.4 percent to $16.45 as trading ended for the week, the greatest advance by far of any of the U.S.-based fashion, retail and beauty stocks monitored by WWD.
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?"