PARIS — The house of Angelo Tarlazzi is the latest fashion player to attract a private equity partner.
The designer said Tuesday the French fund Xaap Finance has taken a 67 percent stake in the company with plans to accelerate growth by expanding wholesale distribution, reentering the retail business and moving into accessories and footwear. Terms of the deal were not 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)