Shares of Oxford Industries Inc. retreated in after-hours trading Tuesday as the company brought down estimates for the year based on softness in its wholesale operations.
“Our direct-to-consumer business continues to perform well, but we have seen some erosion in our wholesale business,” said Thomas Chubb 3rd, president and chief executive officer of the Atlanta-based owner of the Tommy Bahama and Lilly Pulitzer brands. “Our second-half order books came in slightly below our expectation and we’ve seen some choppiness in our in-season reorder business.”
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?"