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.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive
For @simonerocha_‘s fall show, hairstylist @jamespecis created a look inspired by the painter John Constable. Models’ hair was pulled back, tied into knots and topped off with a bow. (📷: @kukukuba) #wwdbeauty #lfw
Queen Elizabeth made a surprise appearance at @richardquinn1's London Fashion Week show to present the designer with the inaugural Queen Elizabeth II Award for British Design. The new award will be handed out annually to an emerging British fashion designer who shows exceptional talent, while demonstrating value to the community and sustainable policies. #wwdfashion #lfw (📷: @giovanni_giannoni_photo)