The joint-venture combination of Syms Corp. and Vornado Realty Trust emerged victorious in the Filene’s Basement bankruptcy auction after coming up short in the first round, financial sources said.
Syms, the off-price chain based in Secaucus, N.J., and Vornado beat out the team of The Men’s Wearhouse Inc. and Crown Acquisitions with an offer of $62.4 million for 23 stores, sources said. Although Men’s Wearhouse and Crown bid more — $64.9 million — the Syms-Vornado proposition included more units.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)