Moda Holding, a fashion retail group created by Mexican buyout firm Nexxus Capital, will make acquisitions in the near to medium term as it works to create a strong enough enterprise to launch an initial public offering (IPO) by 2016.
Nexxus Capital’s vice president Alejandro Saiz said the firm has invested around 20 percent of $305 million held by its Nexxus Capital IV and V to bankroll Moda Holding.
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)