Most companies would make a deal for the right price, especially amid the current troubled economy, and some firms are actively weighing their options.
Last month, cash-strapped NexCen Brands Inc. said it received "numerous expressions of interest" in its Bill Blass and Waverly brands. The firm has inked an agreement with its lender that will provide a bit of additional financial breathing room, at least until the middle of this month. In addition, NexCen has sliced its workforce by 10 percent, a move expected to cut cash outlays by about $3.5 million.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)