As the designer and other shareholders of Michael Kors Holdings Ltd. prepare a secondary offering only three months after the firm’s initial public offering, Kors is having an influence far beyond either his designs or his sales volume. The company’s valuation of $8.97 billion has other fashion firms poring over their books to see what they would be worth if they went public or sold out — and designers trying to figure out their personal worth.
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)