A New Designer Deal: TSM Capital Acquires Stake in Rachel Roy
Rachel Roy is ready to step on the accelerator — with the help of recently formed TSM Capital. TSM Capital, founded by Marvin Traub, Aslaug Magnusdottir and Mortimer Singer, has acquired an undisclosed “significant” minority stake in Roy’s label.
From This Issue
With President Pervez Musharraf promising general elections in January, Pakistan’s textile and apparel executives said the turmoil caused by the state of emergency has calmed enough for them to reassure importers the crisis will not affect their…