Ann Inc. has a new admirer — who promptly pushed the retailer into the spotlight.
Golden Gate Capital spent $156.2 million this year to buy 4.4 million Ann shares, or 9.5 percent of the company, according to a 13D filing with the Securities and Exchange Commission Thursday. Although Golden Gate is not typically viewed as an activist investor, that type of filing is usually used when a big player plans to directly influence a company.
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?"