By
with contributions from Jean E. Palmieri
 on August 14, 2018

No dice. The Perry Ellis Special Committee has ended discussions with Randa Accessories and reiterated a commitment to a $437 million transaction it inked with George Feldenkreis to take the company private.

The special committee confirmed a story in WWD Monday that a decision was at hand following a response from an inbound licensor that it would not approve a change in control of the license to Randa should it buy the company. It said the inbound licensor was the company’s largest, leaving speculation that it was Nike Inc., which has a business with Perry Ellis valued at more than $100 million.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus