Syms Corp. last week closed on its transaction to purchase the assets of bankrupt Filene’s Basement for $65 million, nearly three times the stalking horse bid of $22 million made by Crown Acquisitions in early May.
Sym’s wholly owned subsidiary, SYL LLC, acquired the majority of Filene’s Basement store leases, store fixtures and inventory.
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?"