The dismal retail numbers reported this season — alleviated only by early sales — mean one thing to vendors: markdown money.
Facing these profit-eating demands come January, many midsize moderate and better manufacturers are turning to the M&A community looking for a strategic solution, including merging with other companies in similar situations with which they could share back-office costs.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)