Abercrombie & Fitch Co. remained the most attractive takeout target among a group of specialty retailers studied by Jefferies analyst Randal Konik as private equity interest in the sector has intensified.
In judging the attractiveness of companies for a leveraged buyout in his coverage universe, Konik incorporated both their stock valuations and a series of qualitative criteria, including the “compelling, differentiated” nature of a firm’s brand or brands and the strength of its management team.
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)