MONTREAL -- Profits at Dominion Textiles Inc. slid 15.4 percent in the second quarter and 12.3 percent in the six months ended Dec. 31, dragged down by high denim inventories at retail and price weakness in yarns and apparel fabrics.
Charles H. Hantho, chairman, president, and chief executive officer, said the apparel industry in North America continues to be soft in certain apparel segments and oversupply throughout the apparel market, while in Europe there are "only modest signs" of recovery.
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?"