NEW YORK — July was a month laden with excuses, if not necessarily sales transactions.
Consumer skittishness about the stock market, coupled with lower clearance inventory levels, were among the alibis supplied by retail executives for the minor meltdown in retail sales across the board in July. Overall comp increases were slightly more than half those projected.
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?"