Shares of J.C. Penney Co. Inc. on Friday continued their downward slide as investors digested the latest battle between William Ackman of Pershing Square Capital Management, the retailer's largest shareholder, and his call for the ouster of retailer's chairman.
In Friday's missive to Penney's board, Ackman wrote: "The board must be led by a chairman who is unbiased, can make decisions without regard to personal relationships, and focused only on what is best for the corporation.
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?"