Creditors of bankrupt Hartmarx Corp. could decide the company’s future this week, but whether that will focus on naming a stalking horse bid and keeping the company intact is now less certain.
Sources said a decision, expected last week, was delayed because creditors needed more time to analyze the different bids, as well as weigh the potential return from going directly to a liquidation of the company. Those options are typical in a bankruptcy as creditors try to determine which option provides the best return.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"