Marc Ecko Enterprises plans to sell or spin off its noncore brands, according to an internal memo obtained by WWD.
“The market has made it clear to us that each of our individual businesses is worth more on a stand-alone basis than combined. Accordingly, we are working to decentralize the businesses of Marc Ecko Enterprises,” read the memo, which went out to employees on Friday. “We want to ensure that the difficult environment does not ultimately impede the continued growth and development of any business unit….Each brand should be aligned with the strategic or financial partners that will optimize its future growth and opportunities.”
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?"