The deal to take The Jones Group Inc. private is coming down to the wire.
Stefan L. Kaluzny’s Sycamore Partners is expected to buy the company for about $1.2 billion, or $15 a share. And while the two sides were initially expected to sign the deal Monday, they spent the day making final tweaks to paperwork for the transaction, a source said. An agreement is still expected this week.
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)