HMX Group’s bankruptcy-court auction today is expected to be primarily between two bidders, with “stalking horse” Authentic Brands Group facing off against Bluestar Alliance and its backer, The Carlyle Group.
While the team of Bluestar and Carlyle was initially believed to be interested in putting in a bid that includes a liquidation of the HMX factories, industry sources said the team now “believes it needs to keep manufacturing in the U.S.”
One financial source said Carlyle has operators it could pull in to run the business, and therefore doesn’t need to keep the current management team headed by chief executive officer Doug Williams or the proposed financing partner in Authentic Brands’ stalking-horse bid, Salus Capital Partners.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18