- CARREFOUR SELLS IN PORTUGAL: Carrefour, the world's second-largest retailer behind Wal-Mart, on Friday said it would sell its Carrefour stores in Portugal to Sonae Distribuição for 662 million euros, or $913.6 million at current exchange. The transaction includes 12 hypermarkets and eight gas stations that operate under the Carrefour banner. It does not involve Carrefour's Minipreco hard discount network in the country. Carrefour has been unloading its less profitable operations to concentrate on promising markets. It recently sold businesses in Japan, South Korea and Mexico. Earlier this month, it said it would buy 250 hard discount stores in Spain. In April, Carrefour bought 34 discount hypermarkets in Brazil for more than $1 billion.
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?"