The Italian luxury goods company strongly denied reports Tuesday it is in talks to sell a third of its shares to Compagnie Financière Richemont SA. A Prada spokesman said the company “categorically denies any negotiation whatsoever to sell any share to Richemont.” A spokesman for Richemont, which controls a stable of brands including Van Cleef & Arpels, Cartier, Chloé and Dunhill, said the Geneva-based group never comments on rumors. A well-placed source, however, dismissed the story as “just silly. I don’t know where they got it, and clearly it’s a quiet time for news.”
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?"