The bidding for Fifth & Pacific Cos. Inc.’s Lucky Brand division has entered into the late-stage negotiation round, while its Juicy Couture brand is said to be slightly further behind in the bidding process, sources said.
As first reported last month, the bidding for Lucky was between two potential buyers: Jos. A. Bank Clothiers Inc. and global private equity firm Advent International. One of Advent’s operating partners is Jenny Ming, now president and chief executive officer of Advent portfolio company Charlotte Russe. She previously was president of Old Navy and a member of the original executive team that founded the Gap Inc. division.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"