PARIS — Under siege from unions opposed to the sale of Printemps to Qatari investors, the management of the French department store chain on Tuesday unveiled a slew of measures designed to reassure its staff and pave the way for the transaction, due to be concluded in the next few months.
Printemps, which does not regularly publish revenues, reported that sales rose 5.7 percent in the 2012-13 financial year, and forecast revenues would hit the symbolic threshold of 2 billion euros, or $2.56 billion at current exchange, by 2017.
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?"