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.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive
For @simonerocha_‘s fall show, hairstylist @jamespecis created a look inspired by the painter John Constable. Models’ hair was pulled back, tied into knots and topped off with a bow. (📷: @kukukuba) #wwdbeauty #lfw
Queen Elizabeth made a surprise appearance at @richardquinn1's London Fashion Week show to present the designer with the inaugural Queen Elizabeth II Award for British Design. The new award will be handed out annually to an emerging British fashion designer who shows exceptional talent, while demonstrating value to the community and sustainable policies. #wwdfashion #lfw (📷: @giovanni_giannoni_photo)