LONDON — The luxury virus is catching: Shares in Mulberry Group plc fell more than 25 percent on Tuesday following news that a slowdown in demand among the brand’s Asian wholesale clients would dent year-end sales and profits.
“Primarily due to lower wholesale revenue, Mulberry now expects group revenue growth for the year to 31 March, 2013 to be below market expectations,” said Bruno Guillon, the company’s new chief executive officer, in an unscheduled trading update that rocked the market Tuesday morning.
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?"