The company, which is being sold off by Citi, received a number of bids in the second round of an auction that wrapped up Monday, according to sources.
The process is a fairly complicated one, with some would-be acquirers wanting to buy the whole company and others chasing after only parts of the firm.
Jones is said to be weighing the options and still deciding how to proceed. “There’s no inevitability around anyone or any one alternative,” said one person familiar with the situation.
It’s been a lively sale process and one that put into play a portfolio of roughly 35 brands, including Kurt Geiger, Stuart Weitzman, Rachel Roy and Brian Atwood.
New names keep cropping up. G-III Apparel Group Ltd., which has been on the prowl for deals, is said to be among the bidders. Morris Goldfarb, chairman and chief executive officer of G-III, declined to comment Tuesday on what he described as “industry rumors.”
Among the other companies said to have expressed interest during the process are KKR & Co., which is working in tandem with Sycamore Partners; Leonard Green & Partners; Golden Gate Capital, and Iconix Brand Group Inc.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18