First it was just a letter. Now it’s a letter and an advertisement.
Ryan Drexler, president of Consac LLC, first reached out to Manny Mashouf, founder and non-executive chairman of Bebe Stores Inc., last month seeking a meeting. In his first foray as an activist investor, Drexler is seeking a sale of the company or for it to be taken private to maximize shareholder value.
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)