Company shares closed up nearly 11 percent Monday as a result.
Despite hiring more employees and planning a major expansion, the executive thinks the Garment District is at risk.
Debra Scala Giokas, a first-time children’s book author, aims to introduce children and adults to Claire McCardell.
The company is anticipating increased sales in the current quarter and a return to dressier fashion in the year ahead.
Karan feels that brick-and-mortar retail is not dead, it just needs to be reimagined.
The fashion designer revealed she was hospitalized with the virus just a few days after she received the COVID-19 vaccine.
Market sources say Salvatore Ferragamo may not renew Paul Andrew’s contract as creative director, which is understood to be up at the end of February.
The DKNY and Donna Karan parent company expects revenues to decline another 28 percent to 33 percent in the back half of the year.
The designer’s fan base includes Tommy Hilfiger, Tory Burch, Stitch Fix founder and ceo Katrina Lake and Rent the Runway cofounder and ceo Jennifer Hyman.
Tracy Reese will be among the industry veterans addressing the 75 Black designers at the virtual retreat.
Before the AIDS epidemic took hold in the Eighties, summer weekenders on Fire Island reveled in a freeing environment that some say was like no other.
With the majority of stores closed last quarter because of the coronavirus, the retailer and apparel supplier lost more than $39 million.