PARIS — French trends agency Nelly Rodi has launched an investment subsidiary.
Called Nelly Rodi Money Box, it aims to take minority stakes in companies that are innovative and linked to the world of creation; are developing strongly; are profitable; have sales from 300,000 euros to 1 million euros, or $405,878 to $1.4 million at current exchange, and generate a large part of their revenues outside of France, Nelly Rodi said.
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)