Steeper first-quarter losses drove shares of Aéropostale Inc. down 24.6 percent to $3.41 today as retail stocks overall gained ground.
Analysts expressed concern both about the chain’s liquidity and its ability to catch on with shoppers in the youth market. Late Thursday, the company reported a $76.8 million loss and a 12.5 percent sales decline.
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?"