Nike Inc.'s earnings dropped 12.7 percent in the first quarter, largely because of expensing stock options.
For the three months ended Aug. 31, the Beaverton, Ore.-based athletic giant reported earnings fell to $377.2 million, or $1.47 per diluted share, from $432.3 million, or $1.61, in the same period a year ago.
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?"