Adrenalina rescinded its offer to buy Pacific Sunwear of California Inc. on Monday but said it will continue to seek a merger, leading the larger PacSun to publicly rebuff the upstart extreme sports retailer.
Adrenalina chairman and chief executive officer Ilia Lekach said his company was withdrawing its offer due to the weakening of PacSun’s stock price.
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)