Retailers catering to Baby Boomer women couldn’t escape the crushing pressure of the economic downturn. Chico’s FAS Inc., The Talbots Inc. and Charming Shoppes Inc. all reported declines in third-quarter profitability.
Chico’s posted a large drop in profits, and Talbots and Charming Shoppes posted wider losses for the period. However, with Talbots reporting that it would convert $125 million in working capital lines of credit to committed facilities upon completion of due diligence, its shares soared 25.5 percent to $2.66.
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?"