• BYE-BYE BOB’S: The TJX Cos. sold off its 34-door Bob’s Stores division to private equity firms Versa Capital Management and Crystal Capital. Terms of the deal were not disclosed, but the off-price giant said it would record a $15 million, or 3 cents a share, aftertax loss in the third quarter from the sale. TJX also revised its 2009 earnings guidance from continuing operations to $2.30 to $2.35 a diluted share, up from the $2.26 to $2.31 expected prior to the divestiture. Last year, Bob’s, which TJX acquired in 2003, pulled in sales of $310 million.
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?"