TOKYO — Onward Kashiyama has made another big step to create a brand distribution empire in Japan.
The apparel giant acquired import and distribution rights for Sonia Rykiel, Missoni and Gianfranco Ferré from Elbis, a subsidiary of struggling Seibu Department Stores. Seibu is working on a financial restructuring plan calling for $1.84 billion in loan forgiveness and a conversion of debt into equity worth approximately $83.3 million.
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?"