LOS ANGELES — Hudson Jeans, fueled by a new majority investment from Fireman Capital Partners and Webster Capital, is embarking on the next step to shore up its core business as it attempts to build a premium casual lifestyle brand in a recession.
With the investment from Fireman Capital, the Boston-based private equity firm founded by former Reebok chief executive officer Paul Fireman, and Webster, a Waltham, Mass.-based investment firm that holds interests in apparel companies including Sundance Catalog Co., Hudson will form a new board incorporating representatives from both 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)