Aéropostale Inc.’s board, which is being pressured by investors to consider selling the company, put a poison pill in place to make sure things don’t move too fast.
The New York-based company adopted a stockholder-rights plan Tuesday that allows shareholders to purchase preferred stock if a person or group acquires 10 percent or more of the company, or if a passive institutional investor takes a stake of 15 percent or higher, with some exceptions.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)