Inditex SA, Europe’s largest fashion retailer and the owner of cheap-chic brand Zara, reported a 16 percent drop in first-quarter net income despite rising sales, as it was hit by a slowdown in its more mature European markets, especially Spain.
But the Spanish group, which operates six retail chains in addition to flagship brand Zara, shrugged off the profit slump in the quarter, saying it’s forging ahead with planned store openings and investments in 2009.
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?"