Hong Kong-based Samsonite International SA said Thursday it has agreed to buy outdoor goods company Gregory Mountain Products from Black Diamond Inc. for $85 million in cash.
Samsonite said the transaction is expected to close in late July. The luggage maker also said it increased its existing revolving credit facility from $300 million to $500 million, “giving it greater financial flexibility as it continues to evaluate acquisition opportunities globally.”
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?"