MILAN — Luxottica Group SpA has taken a 36 percent stake in Italian optical chain Salmoiraghi & Viganò for 45 million euros, or $58.5 million at current exchange. Entering as a financial partner, Luxottica will provide Salmoiraghi & Viganò with resources to grow while the latter maintains control of company operations.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)