Buy, buy, buy — or should that be sell, sell, sell?
Investment professionals expect 2014 will be an active mergers and acquisitions market for retail and apparel, compared with the levels of 2013. And given current deal flow activity, executives at companies prowling for good assets to acquire say the year is shaping up to be a seller’s market. Competition is expected to be keen from both strategic and financial buyers, as well as high-net-worth individuals and sovereign wealth funds.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"