NEW YORK — Despite a lower cost structure, J. Crew Group Inc. was unable to stave off second-quarter losses.
Losses narrowed to $7.1 million for the quarter from $8.6 million a year ago. The year-ago results included a $2.2 million pretax charge for severance costs. While J. Crew does not have public shares, public debt compels it to report its results.
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?"