In Brief: Mystery Deal for Levi Outlets … Delta to Sell Yarn Mill
MYSTERY DEAL FOR LEVI OUTLETS: Casual Male Retail Group Inc., which owns 32 Levi’s and Dockers Outlet stores, said Thursday it had agreed to sell those outlets to an unnamed, privately held buyer for an undisclosed price. Jeff Unger, vice...
MYSTERY DEAL FOR LEVI OUTLETS: Casual Male Retail Group Inc., which owns 32 Levi’s and Dockers Outlet stores, said Thursday it had agreed to sell those outlets to an unnamed, privately held buyer for an undisclosed price. Jeff Unger, vice president of investor relations, said the buyer had requested its identity not be revealed, though he conceded it’s likely the publicly traded Casual Male will eventually have to disclose the buyer’s name to the Securities and Exchange Commission. The Canton, Mass.-based company has reinvented itself over the last four years, shutting 74 of its outlets and acquiring the Casual Male chain. Prior to the deal, the company was known as Designs Inc. When the sale of the remaining outlets closes — as is expected by Nov. 24 — Casual Male’s sole business will be large-size men’s apparel.
DELTA TO SELL YARN MILL: Delta Apparel Inc. said Thursday it had agreed to sell its yarn plant in Edgefield, S.C., to Parkdale America, a maker of cotton yarns. The price was not disclosed. Delta said it had also inked a five-year deal with Parkdale to buy yarn produced at the plant, and noted that it would use the proceeds to pay down debt and invest in marketing.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18