Private equity giant KKR & Co. has dropped out of the hunt for The Jones Group Inc.
The investor had teamed up with Sycamore Partners in a bid to buy the company. A source familiar with the situation said Thursday that Sycamore was still in pursuit, with managing director Stefan Kaluzny now taking the lead. Although KKR is on the sidelines, the firm might still have a role to play down the line, the source said.
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?"