An affiliate of private equity firm The Blackstone Group has invested $198 million in Crocs Inc. for the purchase of 200,000 shares of the company's Series A Convertible Preferred Stock.
The closing of the transaction will be after Jan. 27, according to a regulatory filing, Form 8-K, with the Securities and Exchange Commission Monday. The Blackstone affiliate is Blackstone Capital Partners.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"