LONDON — Deutsche Bank, Harvey Nichols’ largest institutional investor, isn’t happy with Dickson Poon’s offer of $3.85 per share in his bid to control 100 percent of the London-based department store.
"It doesn’t look like a very attractive offer," a Deutsche Bank spokesman told WWD. "We have our own ideas of what the value of the company is, and we also want to hold on to the stock and support it in the long term." He declined, however, to reveal any details.
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)