Even this holiday season’s winners are girding for fierce competition in the new year.
Macy’s Inc. on Wednesday implemented a series of cost-cutting moves, including five store closures, that are expected to result in the elimination of 2,500 jobs. The belt-tightening comes even as the company reported a solid holiday season, with a 4.3 percent increase in comparable sales for the November-December period. Without licensed departments, the increase was a slightly milder 3.6 percent.
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?"