Perry Ellis International Inc. revealed the terms of its buyout deal with founder George Feldenkreis in a Securities and Exchange Commission filing Wednesday morning.
The filing also reiterated that Perry Ellis, having received a competing offer from Randa Accessories Leather Goods, is sticking to its plan to move ahead with the planned merger. Separately, Perry Ellis said it was filing a preliminary Proxy Statement with the SEC, all of which is connected to a special meeting of shareholders to vote on the proposed merger. The deal needs to be approved by a majority of disinterested shareholders — those not connected to Feldenkreis.
Are you ready for Goop TV? According to sources, the lifestyle site founded by Gwyneth Paltrow has inked a deal with Netflix to create a new wellness-inspired show.
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“As long as [companies] are peopled by humans, there’s always that opportunity [for authenticity.] When that doesn’t happen, it’ll hurt your [brand],” he says. “We’re human beings. Human meaning flesh, being meaning spirit. As long as we have that, there is the opportunity for growth and elevation.” — Pharrell Williams, WWD Original.
The Paris men’s calendar just gained another heavy hitter: Celine will stage a show in January, mere months after creative director Hedi Slimane launched its men’s wear division during a coed show on Sept. 28. 📸: @thekateowen
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