NEW YORK — Kate Spade & Co. has surrendered the lease of the former Juicy Couture flagship at 650 Fifth Avenue here and received $45.8 million from the building’s landlord in addition to $5 million paid earlier.
Payment was made by the landlord of the building, a joint venture between Jeff Sutton’s Wharton Properties and SL Green Realty, the company said in a Securities and Exchange Commission filing.
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?"