NEW YORK — Marisa Christina Inc. was able to nearly cut its second-quarter loss in half, despite a double-digit decline in sales.
For the three months ended June 30, the net loss was trimmed 48.4 percent to $706,000, or 10 cents a share, from $1.4 million, or 19 cents, in the year-ago quarter. Sales declined 15.6 percent to $2.8 million from $3.3 million in the 2002 period.
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?"