Spain’s Inditex SA, the owner of the Zara retail chain, boosted confidence in a rebound in consumer spending with a 63 percent jump in net profit during the first quarter.
Europe’s largest clothing retailer posted net profits of 301 million euros, or $408 million, in the three months ending April 30, exceeding analysts’ expectations and sending the stock price up 7.5 percent to 47.19 euros, or $56.37, by the close of trading on Wednesday.
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?"