Bankrupt Hartmarx Corp. is seeking a six-month extension of its exclusive right to file a plan of reorganization as bankers continue to finalize a two-party bid for the firm that has a cash value of $70 million.
Chicago-based Hartmarx, which filed for Chapter 11 bankruptcy court protection on Jan. 23, has until May 23 to file its reorganization plan. The extension, if granted, would give the distressed firm an additional 180 days, or until Nov. 23, to file a plan, and next Jan. 22 to solicit creditors’ approval.
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?"