MILAN — Cash-strapped Jil Sander is getting a bigger allowance.
As Jil Sander reported higher losses and marginally lower sales in 2002, its parent company Prada confirmed that it has to inject fresh cash into the money-losing German label, which reported higher losses and marginally lower sales for 2002. The amount of the transaction has not been specified but it would mark the second capital increase Prada has funded since it bought the brand in 1999.
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?"