The contemporary sector, which was on a hot streak for several years before the recession hit and has been rebuilding, is bustling with mergers and acquisitions activity. Catherine Malandrino is rumored to be negotiating with Kellwood Co., while Andrew Rosen is talking with Proenza Schouler. In the past year or so, Steve Madden Ltd. purchased Betsey Johnson, while Kellwood added Rebecca Taylor and Adam to its contemporary stable, which already includes Vince. VF Corp. has purchased Ella Moss and Splendid; The Jones Group Inc. added Robert Rodriguez and Rachel Roy to its lineup, while Tory Burch took on Mexican investors. Rosen, chief executive officer of Theory Link Holdings, made private investments in firms such as Alice + Olivia, Gryphon and Rag & Bone.
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)