The battle for bankrupt Hartmarx Corp. entered a new stage Friday as Wells Fargo charged Emerisque lacked the financing to buy the American apparel firm or a commitment to U.S. jobs if a deal can be struck — contentions the London-based private equity company firmly denied.
Wells Fargo, the lead agent for the group of banks providing financing to Hartmarx, said the group opposes the offer because Emerisque “fails to provide adequate value to Hartmarx’s lenders.” It said Hartmarx, in bankruptcy since January, owes the banks more than $114 million.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)