MILAN — Italy’s inconclusive election results sent global stock markets tumbling and left the country’s fashion executives disappointed yet hopeful.
Jitters over an ungovernable country dragged down the Milan Bourse Tuesday, where the FTSE MIB plummeted 4.9 percent to 15,552.20. Among the Italian retail and luxury stocks losing ground were Brunello Cucinelli, down 2.8 percent to 15.06 euros, or $19.68; Luxottica Group, 1.5 percent to 34.02 euros, or $44.45; Salvatore Ferragamo, 1.8 percent to 20.24 euros, or $26.45, and Safilo Group, 1.5 percent to 8.35 euros, or $10.91.
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?"