Turnarounds and distressed situations are the strange animal in the mergers and acquisitions world.
Not all troubled firms are in bankruptcy proceedings, although many are close to it. And not all buyers necessarily have the patience or the expertise required to right-size what many others consider a has-been operation.
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)