Lagerfeld likely will join Lauren in dressing the incoming First Lady.
In naming Reed Krakoff to lead its design, Tiffany could be hedging its bets on a category already laden with Millennial upstart brands.
Under ceo Fabian Garcia, Revlon plans to grow into a $5 billion company in five years.
LuAnn Via has left the retailer, which reported a weaker than expected holiday season.
The deal with Sycamore is subject to better offers at a court auction.
Multiple, qualified bids on the company could pave the way for a bankruptcy auction for Nasty Gal.