PARIS — Lacoste SA’s remaining family shareholders are set to exit the maker of crocodile-logo polo shirts after a father-daughter tussle opened the door to a full takeover by Swiss retail group Maus Frères SA.
Sophie Lacoste Dournel, who was named president of the company’s non-executive board in September, said Wednesday she would not contest the decision by her estranged father Michel Lacoste and other members of the founding family to sell a 30.3 percent tranche of shares to Maus.
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)