The Bon-Ton Stores Inc. gets nearly another two weeks of breathing room.
The retailer has entered into forbearance agreements with its ABL credit agreement lenders and an ad hoc group of holders of the company’s second lien secured notes due 2021. Under the terms of the agreements, the retailer has at least until Jan. 26 before the lenders and holders can exercise whatever option they choose in connection with Bon-Ton’s failure to make the interest payment on the notes. Bon-Ton was supposed to have made a $14 million interest payment on Dec. 15.
The iconic Tiffany & Co. Fifth Avenue flagship will have a whole new look come 2021, reports @mistywhitesidell . The 10-story store is being expanded and renovated under the vision of chief artistic officer, Reed Krakoff. #wwdnews
“I feel like the [Emmy] nomination is this absurdly generous bonus to something that I’ve already been excited by for quite some time now,” Darren Criss tells @ktauer about his nomination for his role as Andrew Cunanan in The Assassination of Gianni Versace: American Crime Story, “My general attitude toward life is I hope for everything but expect nothing. But when you’re playing for the Warriors, there’s a good chance you’ll make it to the championships. And I’m not saying I’m Steph Curry, but when you’re on [showrunner] Ryan Murphy’s team, it seems more palpable than ever,” he continues. (Criss previously starred on “Glee,” another Murphy creation, although they didn’t directly work together.) “I feel like I’ve already won the lottery.” Read more in WWD.com (📸: @lexieblacklock ) #wwdeye #darrencriss #americancrimestory #emmys2018