MILAN — After three years in the designer business, European private equity firm Permira is looking at cashing in on its investment in Proenza Schouler, and possibly Valentino, too, WWD has learned.
Although the company denied it planned to sell its interest in the labels, sources indicated that Permira has started to put out feelers, and several investment funds are said to have looked at the two fashion properties.
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)