Struggling Tandy Brands Accessories Inc. has received a belated holiday gift — more time to dig itself out of a sizable credit hole.
The Dallas-based men’s accessories and gifts firm said Wednesday that it had been granted a waiver by Wells Fargo, its senior lender, after falling out of compliance with the profitability requirements of its $35 million credit facility with the bank.
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)