BERLIN — Douglas Holding AG has a new owner: Advent International.
The global private equity firm said Tuesday that it had crossed the acquisition threshold of 76.2 percent of shares to purchase the German perfumery, jewelry, fashion, confectionery and book retail group.
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)