The special committee of the Perry Ellis International Inc. board on Thursday reaffirmed its intent to recommend that shareholders vote in favor of the $437 million offer from George Feldenkreis to take the company private, rejecting a $444 million offer for the company made by Randa Accessories Leather Goods LLC.
The reaffirmation confirms a WWD story Tuesday night that the company was electing to stick with its earlier commitment. That article also noted that Randa’s public disclosure of its offer on Tuesday was the proverbial “second bite at the apple” for the company, since a story last month said there had been a men’s accessories firm in discussions with the special committee while it was evaluating the Feldenkreis deal. Randa executives declined to comment on Thursday, but the special committee confirmed that the accessories firm was indeed Randa.
Cosmetics entrepreneur Charlotte Tilbury came face to face with one of her inspirations when Queen Elizabeth handed her an MBE, or Member of the Most Excellent Order of the British Empire, at Buckingham Palace earlier today. #wwdbeauty
Stella McCartney has been designing wedding looks for years for customers, friends, family — and herself for years.
And now, leveraging the success of the dress she designed for the Duchess of Sussex’s wedding reception in May, McCartney is launching, Made with Love, a bridal line including eight dresses and an ivory tuxedo, reports @natalietheodosi . “I feel very protective over the bride, because I know what it was like when I got married, and for me to do my own wedding dress. There are moments that are so personal and private, so emotional and loaded with many different issues,” McCartney told WWD in an interview in June. “I think we are really blessed to have the emotional trust with a woman. She’ll come in and feel the love that we put into everything. What she chooses can be conventional or unconventional. It’s a personal experience.” #wwdnews