A year after the market bottomed out, investors are ready to believe in a retail rebound.
Shares in the industry are still rushing ahead. The S&P Retail Index inched up 0.4 percent Monday to 436.89 — a level not seen since December 2007 — and Abercrombie & Fitch Co., J. Crew Group Inc., Macy’s Inc., Limited Brands Inc. and Nordstrom Inc., to name but a few, all reached 52-week highs. Retail shares hit their recession low of 207.49 in November 2008, while the Dow Jones Industrial Average marks a year since its nadir today.
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?"