Elie Tahari is “this close” to finalizing a deal to acquire the Catherine Malandrino brand.
While last-minute negotiations could still derail the transaction, market and financial sources said the two are far along in the process and that the odds are in favor of a deal being completed within the next two weeks. Lawyers are said to be working on the purchase agreement this week. Possible terms of the acquisition were not immediately available, but it is believed to include some of the debt on Malandrino’s books.
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?"