VIENNA (Reuters) — Viscose fibers maker Lenzing announced higher savings targets on Thursday after first-half operating profit more than halved on deteriorating viscose prices.
The Austrian company, which is the world's biggest maker of cellulose fibers including its trademark Tencel, said it now expected cost savings of up to 90 million euros, or $119 million, this year, half as much again as originally planned.
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?"