Bankrupt Hartmarx Corp. is expected to name its so-called stalking horse bid in the next few weeks, and the favored scenario is a combination of the best of offers from Mistral Equity Partners and Yucaipa Cos.
Although talks are ongoing and bankruptcy court approval still is needed, the women’s brands under the Hartmarx umbrella are expected to go to New York-based Mistral, while the men’s brands would head to the portfolio of Los Angeles-based Yucaipa.
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)