Shares of Zales Corp. fell 14.1 percent to $4.08 Wednesday, after the struggling midtier jeweler widened its fiscal fourth-quarter loss.
Matthew Appel, executive vice president, chief financial and administration officer, told analysts on a conference call that the company was unable to offset “the unprecedented increases in raw material costs” and implemented price increases across all its brands.
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?"