Heading into the Christmas weekend, market sources said vendors were having difficulty obtaining financial information from Big M Inc., the operating firm of the Mandee and Annie Sez nameplates.
The failure to obtain information is leading some vendors to wonder whether a financial squeeze might be under way for the 63-year-old firm. Credit contacts could not confirm that factors were still approving orders. It appears some vendors are continuing to shop merchandise to the chains, however.
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?"