Perry Ellis International Inc is moving forward with its buyout deal with founder George Feldenkreis and is one step closer to closing the deal, despite a higher competing offer from Randa Accessories Leather Goods.
Potential buyers had until July 9th to come forward and FashionNetwork.com has learned that three offers have been made, including one by Carven perfume licensee Bogart. The brand, however, is keeping its options open.
I-am-chen from Hong Kong, Angel Chen from China, Yohei Ohno from Japan and Youser from South Korea were on July 6 revealed as the winners of the 2018/19 International Woolmark Prize semi-final for the Asia region.
As the bankrupt Rockport tries to push a private sale through to save itself from further damage, former owner Adidas is trying to prevent proceedings, telling the court it stands to lose $54M if Rockport sells.
Sustainable luxury brand Victoria Road has launched a children's capsule exclusively with Barneys New York. The collection focuses on girls ages 4 through 12 and includes pieces for pre-fall and holiday.
PVH has launched an integrated e-commerce platform for its heritage brands, allowing cross-brand shopping between Izod, Van Heusen and StyleBureau, with purchases being grouped into a single shopping bag.
South African retailer Steinhoff, said on Wednesday it had begun a process with creditors for a “lock-up agreement”, which once completed could allow the restructuring of huge debts within three months.
Upmarket department store Galeries Lafayette said on Wednesday it will sell Boulanger household appliances and multimedia products in its stores, the latest alliance to compete with online giants like Amazon .
Cosmetics firm Swallowfield has had a generally good year, despite a few challenges, with its trading “broadly in line with expectations” and revenues set to be similar to those reported in the prior year.