Iconix Brand Group Inc. cut its earnings outlook for the year, surprising Wall Street and prompting a sell-off that drove the stock down 21.1 percent to $12.47.
The company, which licenses and markets a stable of brands, including Candies and Badgley Mischka, said its 2009 earnings would range from $1.06 to $1.11 a diluted share instead of the $1.16 to $1.21 previously projected.
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?"