Departing Richemont: Perrin to Resign Post As Luxe Group’s CEO
Alain Dominique Perrin will step down as chief executive of Compagnie Financi?re Richemont SA at the end of the year, citing personal reasons.
From This Issue
PPR SALE: Rexel, the electronics parts subsidiary of Pinault-Printemps-Redoute, said Tuesday that it would sell three companies specializing in the distribution of electronic security equipment to private-equity firm Electra Partners for $125.4…
NEW YORK — Maidenform said Tuesday that it has completed a new three-year secured $60 million revolving line of credit with Congress Financial Corp.
The new credit facility is an “asset-based lending arrangement,” secured by receivables…
IDOL OPTIONS: Is John Idol, chief executive officer of Kasper ASL Ltd., hedging his bets? Although he has put together a group to buy Kasper ASL when it emerges from bankruptcy, he’s rumored to be interviewing for the ceo post at Tommy Hilfiger….