PARIS — Pinault-Printemps-Redoute is speeding ahead with its plan to shed business-to-business holdings in favor of consumer retail and luxury.
The distribution giant, controlled by French billionaire François Pinault, said Tuesday it received an offer of $863.9 million in cash from America’s Office Depot group to acquire Guilbert, its office supplies business.
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)