That is the question hanging over HMX Group and its related operations, which on Friday filed a voluntary Chapter 11 petition for bankruptcy court protection in Manhattan — the second time in four years the company has gone into bankruptcy. While a deal is in place that could keep factory jobs in the U.S., there’s no guarantee that plan will come to fruition and, if it doesn’t, the venerable men’s wear brand could once again find itself a political issue in a presidential election race centered around the economy and American jobs. Both President Obama and challenger Mitt Romney are known to wear the firm’s brands.
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)