The sale of JA Apparel Corp. is moving forward with Iconix Brand Group Inc. still holding the edge over other buyers and HMX Group emerging as the likely tailored clothing licensee for JA’s Joseph Abboud brand.
Should a licensing deal be struck, it would reunite the Joseph Abboud brand with its founder, Joseph Abboud, who is now president and chief creative director of HMX. Officials at SKNL International, HMX’s parent, could not be reached for comment by press time. J.W. Childs Associates, the private equity firm that owns JA Apparel, declined comment.
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)