Burlington Coat Factory is set to become a public company again.
The company, under its parent, Burlington Holdings Inc., filed a Form S-1 with the Securities and Exchange Commission on Thursday. The filing confirms a story in WWD last month that owner Bain Capital was considering an initial public offering as a partial exit strategy. It’s a strategy that also was employed by private equity firms TPG and Warburg Pincus, the owner of Neiman Marcus. Earlier this week, Neiman Marcus filed a registration statement indicating its intention to go public.
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)