Charlotte Russe Holding Corp. shareholder B. Riley & Co. threatened on Tuesday to force a proxy fight with the junior retailer if it doesn’t pursue a takeover bid that was rejected last month.
In a letter to the Charlotte Russe board, B. Riley also called recent management changes, including the hiring of former Mervyns chief executive officer John Goodman as ceo, “a debacle” and characterized recent merchandising decisions as “misguided.”
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)