MILAN — Fila, lacking prospects for short-term profitability or even assurances of funding from its principal owner, Holding Partecipazioni Industriali SpA, is turning to the equity markets to generate sorely needed funds.
The company, warning that it doesn’t expect a profit until 2005, is offering up to 25.7 million new shares priced at $1.73 each, for a potential capital increase of $44.6 million. Dollar figures are converted from the euro at current exchange rates.
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?"