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.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)