NEW YORK — Phillips-Van Heusen is moving forward in its bid to win the Calvin Klein brands, according to sources who said over the weekend that talks have resumed between the two companies.
Market reports indicated that PVH was edged out by VF Corp. in the first round of bids for the designer business as well as Warnaco Group’s Calvin Klein jeans and underwear brands last week, but after VF’s deal reportedly fell apart, PVH was said to be ready to try again. Several sources in New York and Paris have said that PVH is working with the investment firm Apax Partners to finance an acquisition of Calvin Klein Inc. or the Warnaco brands.
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)