So far so good: 2012 is shaping up to be an active year for global mergers and acquisitions.
According to Dealogic, after a dramatic slowdown last year, global fashion M&A was making up some ground in early 2012. The combined value of deals made public so far this year in the apparel and footwear retail, textile and apparel manufacturing, and cosmetics and toiletries sectors is up 35.5 percent year over year to $2.66 billion, after a 44.3 percent decline last year to $13.49 billion from 2010 figures.
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)