Hurt by high raw material prices and low demand in the apparel sector, Unifi Inc., a manufacturer of multifilament polyester and nylon textured yarns, reported its first quarterly loss in two years but said the outlook is brighter.
The company reported a net loss for second quarter ended Dec. 25 of $7.6 million, or 38 cents a share, compared with net income of $5.4 million, or 27 cents a share, for the same period a year earlier.
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?"