MILAN — IT Holding SpA said Friday it would explore alternatives to improve its financial situation, after deciding not to extend its exclusive terms with Mensun Ltd., which had expired on Wednesday.
The Italian fashion group said it would continue “to define a possible deal” with Mensun, but that IT Holding’s board also had mandated new chief executive officer Pierantonio Nebuloni “to evaluate other possible actions.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)