Ronald Perelman is giving his equity exchange offer for Revlon Inc.’s Class A stock another week to cross the finish line.
As of the initial deadline last Thursday, 8.4 million shares had been tendered, short of the 10.1 million shares needed to consummate the deal that would increase Perelman’s already commanding stake in the company.
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)