ISAACS STOCK CONVERSION: I.C. Isaacs & Co. said Tuesday that an investment vehicle controlled by Marithé and François Girbaud last month converted 3.3 million shares of Isaacs preferred stock into common stock. As reported in May, the...
ISAACS STOCK CONVERSION: I.C. Isaacs & Co. said Tuesday that an investment vehicle controlled by Marithé and François Girbaud last month converted 3.3 million shares of Isaacs preferred stock into common stock. As reported in May, the vehicle, Textile Investment International SA, took a 36.8 percent stake in Baltimore-based Isaacs, which holds the license for Marithé & François Girbaud jeans and associated sportswear in the U.S. As part of the deal, the Girbauds agreed to change the terms of the preferred stock so that it could only be converted into common shares. Previously, the stock could also be converted into debt. Isaacs also said it had finalized an agreement with Congress Financial Corp. to extend its $20 million revolving line of credit through the end of 2004.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)