Harry Winston Diamond Corp. said late Thursday that it swung to a third-quarter net loss, due partially to hefty charges. However, strength in the jeweler’s retail segment, as well as signs of resurgent consumer demand, propped up the company’s stock 3.9 percent in post-market trading.
“Challenging trading conditions returned to the diamond business internationally in the third quarter,” said chairman and chief executive officer Robert Gannicott, who explained that in order to cope, the company elected to selectively sell to markets that “remained resilient.”
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?"