Accessories, footwear and beauty are where the money wants to be in the fashion world — literally.
While activity on the mergers and acquisitions front has been fairly robust this year throughout the industry, it’s been particularly active in those categories as investors prowl to find the next Coach, Tory Burch or Michael Kors. In fact, Kors has added greater interest to the accessories space since going public in December, particularly because the once-struggling brand that, after a turnaround by its owners, now has a market capitalization of more than $11 billion.
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)