Mark Walsh, chief executive officer of Bob’s Stores and a principal of Versa Capital, has been named ceo of Versa’s new Vestis Retail Group in a consolidation of the private equity firm’s Bob’s and Eastern Mountain Sports retail assets.
With the combination of Bob’s and EMS into a single operating entity, Will Manzer has stepped down as ceo of Bob’s and will serve as a consultant to the company during a transition. EMS, a 68-unit outdoor retailer with stores in 12 Eastern states, will close its distribution center, resulting in a loss of about 110 jobs, with warehouse and distribution functions to be centralized in Bob’s facilities in Meriden, Conn.
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?"