PARIS — Samsonite is upping its youth factor. The Hong Kong-listed luggage maker has acquired Lipault, known for its vibrant palette of colors and smart nylon twill designs, for 20 million euros, or $27.6 million at current exchange,the company reported on Wednesday.
“Lipault is a fantastic addition to our growing portfolio of brands,” said Tim Parker, chairman and chief executive officer of Samsonite, in a press release.
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)