Strength in golf, women’s contemporary merchandise and direct-to-consumer was not enough to keep Perry Ellis International out of the red in the second quarter — or to keep shareholders happy.
The company weathered underperformance in its Perry Ellis and Rafaella businesses, missed analysts’ estimates for the quarter, reduced its annual profit guidance and saw its stock drop 16.4 percent to $18.62 in late morning trading on Wall Street.
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?"