MILAN — Still basking in the glories of Jil Sander’s triumphant return to the label she founded, Prada is turning its attention to matters decidedly less glamorous but just as critical to the house’s future: its debt.
Prada is renegotiating the terms of its $787 million convertible bond issue with banks, according to financial sources familiar with the negotiations. The fashion house must come to grips with paying back those bonds in 2005 if it fails to execute its long-awaited initial public offering.
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?"