LOS ANGELES — Hudson Jeans, the premium denim brand recognized for its Union Jack logo, agreed to receive an investment from former Reebok chief executive officer Paul Fireman, Fireman Capital Partners and Webster Capital.
Terms of the deal weren’t disclosed, but a report last week in The Wall Street Journal said Fireman was investing about $30 million in the denim firm. As a result of the investment, a new board for City of Commerce, Calif.-based Hudson will likely be formed to include representatives from Fireman Capital and Webster.
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)