Deb Shops Inc., saddled with debt and impacted by the weak economy, filed for Chapter 11 bankruptcy Sunday and said it has a deal for its senior lenders to acquire substantially all of itsassets and to continue operations.
The 325-unit juniors chain was acquired by Lee Equity Partners in July 2007 for $395 million.
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)