Fashion and retail are in a down cycle — and bankruptcy might not protect them anymore.
In days when bankruptcy meant reorganization, firms had plenty of breathing room to get their affairs in order and then, hopefully, come out of Chapter 11. No longer. Changes in the bankruptcy code have complicated the quest for retail reincarnation — and the evaporation of financing in the past nine months has made it even harder.
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?"