Retail sales in November, and even the virtual shopping holidays of Black Friday and Cyber Monday, weren’t all they were initially cracked up to be.
A U.S. Commerce Department report issued Tuesday, as well as mounting empirical data from a variety of private-sector sources, revealed that November sales were below economists’ expectations, as sales at specialty, department and general merchandise stores rose modestly. A study by RetailNext, a firm that monitors traffic and buying at point of sale, even suggested that sales for Thanksgiving weekend were down, despite a Black Friday surge in department store sales and other mall anchors that elected to extend their hours to historic duration.
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?"