Despite the challenging economic climate and additional store closures, men’s specialty store chain S&K Famous Brands Inc. isn’t considering liquidation.
“Part of what you do [in a turnaround situation] is look at every option, including a sale, restructuring, bankruptcy and liquidation,” Joseph Oliver 3rd, chief executive officer, told WWD. “We made the decision that this is a viable go-forward business. We have no intention of liquidating the company.”
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)