Going-out-of-business sales will begin today at Fortunoff Holdings LLC’s 20 retail locations, after a federal bankruptcy judge gave final approval of the estate’s sale to a seven-party joint venture group Wednesday.
The firms are Tiger Capital Group LLC, SB Capital Group LLC, The Great American Group WF LLC, Hudson Capital Partners LLC, The Gordon Co. Inc. and Bobby Wilkerson Inc. The group will manage the liquidation of Fortunoff’s remaining housewares and jewelry inventory, which is valued at retail at about $212 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"