After two bankruptcy auctions stretching over parts of three weeks, Syms Corp. is looking to make quick work of the consummation of its purchase of Filene’s Basement.
Secaucus, N.J.-based Syms and Vornado Realty Trust on Monday emerged as the winning bidders for Filene’s with an offer said by sources to be $62.4 million for 23 stores, as well as fixtures and inventory. The bid will be considered at a hearing to be held at 5 p.m. today.
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)