Retail shares logged their first gain of the week Wednesday, advancing 0.7 percent after the Federal Reserve said the pace of the recession was slowing.
The S&P Retail Index increased 2.11 points to 311.34, as the Dow Jones Industrial Average dipped 0.3 percent, or 23.05 points, to close at 8,299.86. Gainers included Stein Mart Inc., up 12.7 percent to $7.82; Chico’s FAS Inc., 5.2 percent to $9.96; Macy’s Inc., 4.6 percent to $11.39, and Nordstrom Inc., 4.4 percent to $19.08.
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?"