NEW YORK — Tumi Holdings Inc., appears to be the latest beneficiary of the Michael Kors Effect.
Tumi went public on the New York Stock Exchange Thursday and shares of the upscale luggage and accessories firm climbed 61.7 percent to $29.10 in intraday trading before closing at $26.50, still a 47.2 percent jump from the opening price of $18 a share.
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?"