LONDON — House of Fraser, the British department store chain that’s poised to become part of China’s Sanpower Group, is this week set to reveal “record” sales for the year ended in January, according to a source familiar with the company.
The store, which posted sales of 1.2 billion pounds, or $2 billion, in 2012-13, will release its 2013-14 figures at the same time that Nanjing Cenbest, a publicly quoted subsidiary of Sanpower, makes an official announcement to the Shanghai Stock Exchange regarding its intention to acquire the British retailer.
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?"