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.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion