Fred Segal Beauty, the iconic salon, spa and retail space in Santa Monica, Calif., is closing this week after 16 years in business amid a breach-of-contract lawsuit filed against Fred Segal’s owners, Fred Segal and his son, Michael, by the business’ co-founders and licensees, Michael Baruch and Paul DéArmas.
The suit alleges that Fred and Michael Segal rebuffed plans by Baruch and DéArmas to open a second space adjacent to the Fred Segal location on Melrose Avenue and to establish a branded product line, after initial assurances they could proceed.
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)