NEW YORK — With the exception of J.C. Penney Co. Inc.’s out-of-the-ballpark expectations for October same-store sales, most stores are trending within their modest plans.
Shares of retailers, though, had a tough day on the equity markets. The Standard & Poor’s retail index dropped 6.39 points, or 2.2 percent, to close at 290.60 Monday. This compared with the broader S&P 500, which was off 7.43 points, or 0.8 percent, at 890.22 and the Dow Jones Industrial Average, which slid 75.95 points, or 0.9 percent, to 8,368.04.
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?"