MILAN — With the selection of four advisers, the initial public offering of OVS is taking shape and expected by the end of the year. The Italian mass-market retailer has chosen Banca IMI, UniCredit, Goldman Sachs and Bank of America Merrill Lynch to advise on a public listing in Milan.
Parent company Gruppo Coin is slated to spin off OVS between August and September as a step toward the IPO.
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)