Pacific Sunwear of California Inc. hasn’t quite turned the corner, but the Anaheim, Calif.-based action sports retailer’s first-quarter performance shows it might be on the right track.
In the three months ended April 28, PacSun’s net loss shrank to $15.6 million, or 23 cents a diluted share, from $28.7 million, or 43 cents a diluted share, a year ago. The adjusted loss was 20 cents a diluted share, 9 cents better than the 29-cent loss expected, on average, by analysts.
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?"