The dissident shareholder saga at Dillard’s Inc. has progressed from an attempted buyout of the Dillard family stock to an attempted take-out of chief executive officer William Dillard 2nd.
Barington Capital Group and Clinton Group, activist investors who collectively control about 5.3 percent of the firm’s common stock, called on three of the firm’s independent directors to begin looking for a new chief executive officer for the retailer.
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)