Russell-Newman Inc. has acquired the assets and trademark of KN Karen Neuburger, a women’s and men’s sleepwear and lifestyle brand with licensees in the home accessories and bedding areas.
Financial terms were not disclosed. However, retail sales of Neuburger sleepwear, robes, daywear, signature soft socks and licensees totaled about $250 million in 2007, according to industry estimates.
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)