Shares of Destination XL Group Inc., formerly Casual Male Retail Group Inc., bounced back from declines early in the day to rise 1 cent, or 0.2 percent, and close at $4.77 in Nasdaq trading Wednesday after the big-and-tall retailer issued preliminary fourth-quarter results and initiated 2013 guidance that fell short of Wall Street’s expectations. Much of the downside for both periods was attributed to costs related to the company’s accelerated conversion to the Destination XL superstore format and its plans to discontinue the Casual Male chain by the end of 2015.
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?"