MILAN — IT Holding SpA might have found a solution to its beleaguered financial situation, although the outcome remains uncertain.
Following a lengthy board meeting, the Italian fashion group said Tuesday it would verify the viability of a proposal from a foreign fund — thought to be London-based Kingsbridge Capital Ltd. — which envisages a capital increase and the repurchase of a bond.
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)