Federal Reserve Board chairman Ben Bernanke’s support for another fiscal stimulus package buoyed investors Monday, but retail issues lagged the broader market as the plight of everyday shoppers, especially those with already tenuous access to credit, came into sharper relief.
Shares in the Standard & Poor’s Retail Index rose 1.7 percent, or 4.73 points, to 282.60. Although the third straight day of gains, the finish was 39.4 percent below the index’s 52-week high, reached last October.
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?"