As J. Crew Group Inc. reportedly looks at restructuring its debt, its part owner Leonard Green & Partners could perhaps be setting its sights on a broader fashion platform.
That’s because Leonard Green also has a stake in brand management firm Authentic Brands Group, which last month filed confidentially to go public. WWD first reported in May 2015 that ABG had plans to go public. An IPO would help the private equity firm see a return on its investment in ABG. How much would depend on the number of shares to be floated.
Penelope Cruz wows in a strapless white @chanelofficial feather dress. She is nominated for Best Movie/Limited Series Supporting Actress for The Assassination of Gianni Versace: American Crime Story. #Emmys
Take a peek into Gucci's new Instagram account (@guccibeauty), which is guided by Creative Director Alessandro Michele’s vision of beauty. In typical Gucci fashion, the account already features a series of artworks spanning across history, ethnicity, culture and geography. It will showcase and promote its new cosmetic launches and fragrances as well as looks from the fashion shows and special collaborations with artists and talents. #wwdbeauty
Photographed by @delphachardphotos