Despite posting impressive revenue and earnings gains in the first quarter, VF Corp. wasn't immune to the difficulties of the U.S. retail environment and will be pulling the plug on the Nautica women's sportswear business as a result.
"Given the consolidation in the department store channel and the challenging environment in the women's better sportswear category, we were not able to gain critical mass in the category," Bob Shearer, chief financial officer of VF, said of the Nautica women's business during a conference call with analysts.
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?"