A Delaware bankruptcy court on Wednesday evening approved the sale of the assets of bankrupt Filene’s Basement to SYL LLC.
SYL is a wholly owned subsidiary of Syms Corp. Syms and its financial investor, Vornado Realty Trust, on Monday won the bidding for Filene’s at $62.4 million for 23 stores, as well as fixtures and inventory.
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)