Fast Retailing Co. Ltd. made a strong debut on the Hong Kong Stock Exchange Wednesday, with its shares surging 5.6 percent amid press reports the company is in talks to buy J. Crew Group Inc. for up to $5 billion.
The Hong Kong Depository Receipts (HDRs) of Uniqlo’s corporate parent ended the day 5.6 percent higher at 28.9 Hong Kong dollars, or $3.72 at current exchange. Each HDR represents one-hundredth of the company’s Tokyo-traded stock. Hong Kong’s benchmark Hang Seng Index ended the day down 0.3 percent.
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?"