The Wet Seal Inc. posted improved second-quarter results.
For the three months ended Aug. 3, the teen retailer posted net income of $958,000, or 1 cent a diluted share, against a net loss of $12.4 million, or 14 cents, a year ago. Net sales rose 1.5 percent to $137.2 million from $135.3 million. Consolidated comparable-store sales rose 3.7 percent. That includes a comps increase of 3.9 percent for Wet Seal stores and a 2 percent gain for Arden B stores.
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?"