Charming Shoppes Inc. swung to a loss in the second quarter due to a challenging economic environment and charges from the sale of its catalogue operations and the termination of former chief executive officer Dorrit Bern.
The Bensalem, Pa.-based women’s plus-size apparel retailer posted a net loss of $8.3 million, or 7 cents a diluted share, for the quarter ended Aug. 2, compared with a profit of $18.3 million, or 15 cents a share, in the same year-ago period.
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?"