Shares of Charming Shoppes Inc. rose 3 percent Wednesday after Dorrit Bern resigned as chairman, chief executive officer and president amid a push by activist investors to boost profitability.
Charming Shoppes is the leader in women’s plus-sized apparel, which is the fastest-growing segment of women’s apparel retailing, with 2,400 doors. The demographic trends are in the company’s favor because the number of obese women in the U.S. expected to rise significantly, but the retailer has been struggling with disappointing sales and profit losses for the last two years.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)