NEW YORK — Nautica Enterprises Inc., which said a week ago it would be acquired by VF Corp., on Tuesday posted narrower first-quarter losses than it did a year ago.
For the three months ended May 31, the loss was $1.6 million, or 5 cents a diluted share, versus a loss of $2.6 million, or 8 cents, in the year-ago period. The company’s improved operations also nearly halved its operating loss to $2.4 million from $4.6 million last year.
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?"