MILAN — Tod’s SpA chairman and chief executive officer Diego Della Valle on Thursday described as strategic the decision to double his stake in Saks Inc. to 5.9 percent.
As reported, between Feb. 20 and May 7, Della Valle, whose Italian footwear and accessories firm includes Saks as a customer, acquired 8.48 million shares in the U.S. department store chain for $30.3 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?"