Struggling Sears Holdings Corp. reported second-quarter losses that more than doubled from last year, and were even worse than two years ago.
Sears said Thursday that its loss widened to $508 million, or $4.68 a diluted share, from $250 million, or $2.33, for the second quarter in 2017. Sears’ loss narrowed last year due to financial maneuvers, such as store closures, undertaken by the company to shore up its bottom line. But what’s concerning now, and perhaps no surprise, is the fact that this year’s loss was wider than the loss of $395 million, or $3.70, in the same period in 2016. The company said adjusted EBITDA was a loss of $112 million, compared with a loss of $66 million in the year-ago quarter.
Trevor Andrew, the artist known for his Gucci Ghost collaboration with Gucci, hit Complexcon last weekend to launch his fist line, Real Buy. The streetwear line includes jackets, short- and long-sleeve T-shirts, each with one of the artist’s seven designs, reports @ariahughes .
A little bit 80’s — circa 2018. Tap for fashion credits.
Styled by @thealexbadia 📸: @orianalayendecker
Set design: @colinl_
Shot at @7linestudio
Kane Brown didn’t take the traditional road to country music stardom, writes @jeanpalmieri .
Instead of cutting his teeth in church and dive bars throughout the South, Brown made a splash on Facebook by releasing several covers of country classics — George Strait’s “Check Yes or No” and Lee Brice’s “I Don’t Dance” among them — that soon went viral. “I was working at FedEx and Target and just doing it for fun,” he said of the videos. “I put it on social media and got around 50 likes. Then I woke up one day and saw that it had gone viral overnight.” Read more on WWD.com 📸: @georgechinsee