NEW YORK — Two weeks after being hired as a consultant at Wet Seal Inc., Michael Gold, who owns more than 400 retail stores in the U.S. and Canada, has purchased American Eagle Outfitters’ waning retail line, Bluenotes, for an undisclosed sum, American Eagle said in a statement Tuesday.
Thanks to the expected sale, Jim O’Donnell, chief executive officer of Warrendale, Pa.-based American Eagle, said in the statement that American Eagle is now “well-positioned to focus on the development of our next U.S. retail concept.
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)