The marriage of Children's Place Retail Stores Inc. and the Disney Store chain is coming to an end after more than three years.
Children's Place said last week it planned to exit the Disney Stores, allowing The Walt Disney Co. to take back the business, after a review of the operation, earnings growth potential and capital needs. The Secaucus, N.J.-based retailer operated the Disney Stores through an agreement with subsidiaries Hoop Holdings LLC and Hoop Holding Canada under a license from Disney. The agreement allows Disney to regain as many as two-thirds of the existing stores. The rest will be closed.
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)