MILAN — The writing appears to be on the wall for IT Holding SpA.
After the group warned it could follow its production and licensing subsidiary Ittierre SpA into administration, IT Holding SpA, which owns the Gianfranco Ferré, Malo and Extè brands, has sent out a dossier to potential investors, hoping to solicit bids for part or all of the group, WWD has learned.
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)