LONDON — Permira, the private equity group and owner of brands including Hugo Boss and New Look, has agreed to acquire R Griggs Group, parent of the Doc Martens brand, for 300 million pounds, or $485.7 million at current exchange. The deal is expected the complete in January 2014.
Cheryl Potter, partner and head of the consumer sector team at Permira, said that the fund would support the management team "in this exciting next phase of the company’s development."
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?"