Filene’s Basement has been acquired by a new unit of the Buxbaum Group just days after being placed on the block.
Filene’s current parent, Retail Ventures Inc., won’t receive any proceeds from the disposition to Buxbaum’s FB II Acquisition Corp. It continues to guarantee the stores’ obligations under its secured credit agreement, which has a balance of $14.2 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"