NEW YORK — The mature woman’s disenchantment with department stores helped two women’s specialty stores — Chico’s FAS and Christopher & Banks Corp. — report positive comparable-store sales in August.
However, Ann Taylor Stores felt an early chill in August as it reported a 7.6 percent drop in its August comps. Still, the New York-based firm said sales were improving heading into September. It also reiterated Wall Street’s average earnings estimates for the second quarter.
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?"