Perry Ellis International, whose special committee said last month that it would “not be rushed” into a deal, entered into a $437 million transaction to go private via acquisition led by founder George Feldenkreis.
Perry Ellis shareholders will get an over 21 percent premium on the value of the stock in cash, according to the company. The board approved the deal after the special committee unanimously signed off on it.
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