NEW YORK — The world’s richest man clearly believes in the longevity of the luxury retail boom — and he’s already almost $1 million richer because of it.
Carlos Slim Helú has again upped his stake in Saks Inc. shares, spending another $2.2 million on Aug. 19 to increase his shareholding to slightly more than 26.5 million shares, or about 16.9 percent of the retailer, according to a regulatory filing Wednesday with the Securities and Exchange Commission.
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?"