MILAN — Italy’s Clothing Company, the parent company of Belstaff, is planning to go public.
“It’s a path that will allow us to generate new capital and at the same time maintain a certain level of independence,” Franco Malenotti, Clothing Company’s founder and president, told DNR in an interview. Still he stressed that an IPO isn’t imminent and won’t take place for at least another year.
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)