MILAN — Gianni Versace SpA said Friday that it isn’t preparing to issue a convertible bond, denying a press report.
The move would be similar to a tack taken by Prada Group before it set itscourse for an initial public offering. The denial comes as industry watchers continue to ponder how the Italian fashion house will drum up fresh funds to expand its empire.
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)