As New York Fashion Week approaches, results from Neiman Marcus Inc. suggest that things aren’t great in the designer apparel sector.
On Thursday, Neiman Marcus Inc. reported that for its second quarter ended Jan. 26, total revenues rose 6.5 percent to $1.36 billion, from $1.28 billion in the year-ago period. Comparable revenues rose 5.3 percent.
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?"