NEW YORK — Deteriorating sales caused Reeds Jewelers Inc. to continue bleeding red, albeit less severely, in the second quarter.
For the three months ended Aug. 31, the Wilmington, N.C.-based jewelry retailer reported a net loss of $1.5 million, or 18 cents a diluted share. That was, however, an improvement over last year when the company posted a net loss of $2.4 million, or 28 cents.
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?"