NEW YORK — John D. Idol sweetened the management-led buyout bid for Kasper ASL Ltd. on Tuesday to $100 million.
Idol, chairman and chief executive officer of Kasper, and his private equity partner, Parthenon Capital LLC, said late Tuesday they had increased the purchase offer placed before creditors last week by $12 million.
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)