MILAN — The special commissioners for IT Holding SpA, which is in government-backed administration, have formally opened the bidding process for the possible sale of some or all of the fashion group’s assets by inviting letters of intent.
These are to be sent to the administrators and their advisers Mediobanca SpA and Sin&rgetica Srl, IT Holding said Thursday.
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)