Hanesbrands Inc. said Monday that it will lay off 250 management-level employees in an effort to control costs after posting a first-quarter loss.
In the three months ended April 4, the Winston-Salem, N.C.-based apparel firm recorded a loss of $19.3 million, or 20 cents a diluted share, against profits of $36 million, or 38 cents, in the same year-ago quarter.
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?"