The British online fashion retailer My-Wardrobe.com has been sold to Growth Capital Acquisitions Limited in a pre-pack administration deal, whereby the company enters administration then is immediately bought. The administration process is broadly equivalent to Chapter 11 in the U.S.
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)