Confessed Ponzi scheme operator Marc Dreier famously targeted investment funds for large portions of his near $400 million fraud. But his con also took several fashion players, including Nike Inc., Tommy Hilfiger USA Inc. and Diesel USA Inc., for smaller sums, according to a list of victims released in federal court last week.
The once-prominent head of Dreier LLP was sentenced to 20 years in prison last month after pleading guilty to charges including conspiracy, money laundering and wire fraud for selling hundreds of millions of dollars in bogus promissory notes to investors.
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)