Precarious as the economy is, Gilles Mendel has proven there is money to be had — his designer label, J.Mendel, has lined up a significant investment by The Gores Group.
J.Mendel executives declined to disclose whether the Los Angeles-based equity firm has taken a majority stake in the company or any other terms of the deal. J.Mendel, which has four freestanding stores and permanent retail space in four other key outposts such as Harrods, is believed to be a $30 million wholesale and retail operation.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)