Macroeconomic forces are taking a big toll on consumers, with J.C. Penney and Kohl's being the latest victims of a weaker spending environment.
Hampered by softer sales and gross margin rates, J.C. Penney Co. Inc. posted a 9.1 percent decline in third-quarter earnings on softer sales, while Kohl's Corp. delivered third-quarter profits that fell 13.6 percent, but on higher sales.
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?"