Precarious as the economy is, Gilles Mendel has proven there is money to be had — his designer label, J.Mendel, has lined up a significant investment by The Gores Group.
J.Mendel executives declined to disclose whether the Los Angeles-based equity firm has taken a majority stake in the company or any other terms of the deal. J.Mendel, which has four freestanding stores and permanent retail space in four other key outposts such as Harrods, is believed to be a $30 million wholesale and retail operation.
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?"