Shares of Quiksilver Inc. lost nearly a third of their value in after-hours trading Monday when the company reported a far larger second-quarter loss than analysts expected on a double-digit decline in revenues.
In the three months ended April 30, the Huntington Beach, Calif.-based marketer of surf and skate apparel and footwear reported a net loss of $53.1 million, or 31 cents a diluted share, versus a loss of $32.4 million, or 20 cents, in the year-ago quarter.
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?"