MILAN — Harmont & Blaine SpA has entered into exclusive negotiations with Italian private equity firm Clessidra SGR, selecting it as a potential partner to help support and accelerate its retail expansion around the world with the aim of going for an initial public offering in the first half of 2017.
Harmont & Blaine’s strategy mirrors that of Versace, which in February sold a 20 percent stake to Blackstone Group with the goal to fully develop the brand around the world and publicly list the Milan-based firm in three to five years. Last week, Peuterey Group said it was seeking a partner for international growth.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"