Efrem Gerszberg is racing against a Friday deadline in his bid to buy Hampshire Group Ltd.
Gerszberg’s NAF Holdings was unable to acquire the 82 percent of Hampshire’s outstanding shares required to seal the deal by March 31, and the offer has been extended to April 17. In its April 1 extension announcement, filed with the Securities and Exchange Commission, NAF Holdings said it had acquired about 3.7 million, or more than two-thirds, of the 5.5 million shares outstanding.
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)