In a surprise development, Tiffany & Co. has acquired the 10-year old luxury American accessories brand from Samsonite. Lambertson Truex filed for Chapter 11 bankruptcy protection in March after Samsonite put the brand up for sale in December. Financial terms of the deal weren’t disclosed.
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)