Broad declines on Friday were insufficient to keep U.S. retail stocks from posting increases for the week.
The S&P Retail Index fell 5.37 points, or 1.2 percent, to 454.87 on Friday, preserving the better part of its 2.6 percent gain for the week and putting the year-to-date increase back into double-digit range at 10.6 percent. The 2010 pickup was literally cut in half, to 7.8 percent, during the prior week amid the near hysteria over the Greek debt crisis and the still-unexplained trading glitch that sent stocks tumbling two Thursdays ago.
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?"