The credit markets may still be tight for those looking for financing, but for anyone not yet ready to jump in, this is the perfect time to do one’s homework.
Chris Sciortino, a director of the investment banking unit of Robert W. Baird, said during a conference call last week that he expects it will be a year or two before the markets begin to loosen up and prospects for mergers and acquisitions start to improve. While there’s not an abundance of capital for investment yet, there’s still plenty of interest in the consumer sector among strategic and private equity firms.
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)