Activist investors ratcheted up the pressure on Dillard’s Inc. on Monday, invoking Delaware state law to try to force the retailer to detail, among other records, board deliberations on compensation and perks for top executives.
The latest salvo in the fight to get the Dillard family to loosen its grip on control of the regional department store chain revisits a strategy the investors, Barington Capital Group and Clinton Group, first employed in March. That initial effort to crack open Dillard’s books was dropped after the company cut a deal to rejigger its board.
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)