The Talbots Inc. could have a new owner by the ides of March.
Shares of Talbots shot up 50 cents, or 18.6 percent, to $3.19 Friday following reports that TPG and Golden Gate Capital were mulling bids to buy the troubled firm, which last month hired Perella Weinberg Partners to explore its “strategic alternatives.” More than 7.4 million of the retailer’s shares traded hands, about six times the stock’s three-month average volume.
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?"