NEW YORK — J. Crew Group Inc. thinks it’s a chain in trouble.
In a rare fit of self-flagellation for a public company, J. Crew has gone out of its way to highlight its financial and operational weaknesses in an effort to justify the pending $3 billion takeover by TPG Capital and Leonard Green & Partners. Shareholders will vote on the deal on Tuesday.
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)