J.C. Penney, already in a battle for survival, now has internecine warfare on its hands.
Chairman Thomas Engibous has taken odds with William Ackman, the activist shareholder and vociferous member of Penney’s board, who on Thursday morning issued a letter to the media complaining that Penney’s hasn’t acted fast enough to replace interim chief executive officer Myron “Mike” Ullman. Ackman claimed that former Penney’s chairman and ceo Allen Questrom is ready to return as chairman provided he approves of the ceo.
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?"