PARIS — French fashion house Sonia Rykiel has mandated Edmond de Rothschild Corporate Finance to study the possibility of selling a minority stake in the family-owned house in order to speed up its expansion, president Nathalie Rykiel said Monday.
“I have not taken any decision,” Rykiel told WWD, adding that the brand was capable of continuing its development without outside partners. “I have only just started analyzing the possibility. I don’t know if it’s something I want to pursue, but I want to develop the brand. It has huge potential, in Asia obviously, but elsewhere also.
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)