LONDON — As Sir Philip Green continues to negotiate with the Icelandic government to buy a chunk of Baugur Group’s debt, the Icelandic investment company issued a statement Tuesday insisting its businesses won’t file for bankruptcy.
On Tuesday, British press reports said the company, whose retail businesses in the U.K. include Whistles, Karen Millen and All Saints, was set to appoint the U.K. administrator BDO Stoy Hayward. Administration is the U.K. equivalent of Chapter 11. Alongside its investments in several U.K. specialty retailers, Baugur holds stakes in the department store chain House of Fraser and designer brands Matthew Williamson and PPQ, and an 8.6 percent stake in Saks
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)