NEW YORK — With deadlines closing in and no new financing in sight, the options are narrowing for Steve & Barry's University Sportswear.
Credit and liquidation sources say that, unless a white knight can be found, liquidation is a distinct possibility for the once red-hot chain specializing in trendy sportswear at big-box prices and could be acted upon this week. A full liquidation package, consisting of the locations of the stores, their square footage and related data, was expected to go out to prospective bidders at various liquidation and asset redeployment firms last week.
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?"