Wal-Mart's fashion star is rising just as Target's appears to be waning.
Two days after Wal-Mart Stores Inc. said early spring sales of its private label apparel, where key items cost $10, were "very promising as a leading indicator," Target Corp.'s stock fell Thursday in the wake of a Citigroup downgrade that found fault with the firm's women's apparel offerings. Wal-Mart's shares, in contrast, rose.
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?"