PARIS — Mounir Moufarrige has exited France Luxury Group, the upstart fashion conglomerate he cofounded a year ago and recently sold to French financier Alain Dumenil.
Moufarrige said he accomplished his objective of assembling a new group and would now pursue other projects in the luxury field. He recently took a minority stake in Worth Group, which markets fragrances and "couture" lingerie under the Charles Frederick Worth name.
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)