NEW YORK — The already murky retail picture for the second half got even cloudier Thursday as both Limited Brands and Wet Seal expressed strong reservations about the balance of the year.
The cautionary note came as both retailers posted stronger second-quarter profits. Limited enjoyed a blow-outquarter, with earnings surpassing Wall Street’s estimates by 4 cents, but warned that a spending slowdown and declining mall traffic could dampen the back-to-school and holiday results.
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?"