PARIS — French fashion and accessories group Verotrade has bought French leather goods brand Lamarthe from Italian manufacturer Sergiolin for an undisclosed sum, Verotrade and Lamarthe said Monday.
The new owner is maintaining Bertrand Gignoux as commercial director of Lamarthe, charged with upgrading its strategy and developing the overseas market, which represents 60 percent of overall sales, it said. Allan Bensoussan, managing director of Verotrade, said he would take over as chief executive officer of Lamarthe.
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)