Liz Claiborne Inc. is splitting. Seven months after becoming chief executive officer, William L. McComb has made his biggest round yet of executive layoffs and reorganization. McComb is getting rid of half of his group presidents and literally dividing his portfolio of brands into winners and losers — a hint of more to come at the July 11 Investors Day meeting.
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?"