A deal to sell the Dallas-based luxury chain would be difficult to execute.
Launching for holiday, the 11-style lineup gives the brand a glam new makeover.
France’s labor minister, Eric Woerth, became the latest figure to be questioned by police in relation to investigations linked to the Bettencourt affair.
Hussein Chalayan will unveil an installation and film at London’s Lisson Gallery in September.
For now, Avenue Capital is off the short list of bidders for Newsweek.