Assor looks to multiply the brand’s U.S. business by six times within the next two years.
The charity auction will be held at Paris’ Hôtel Drouot on Oct. 5.
The retailer said allegations surrounding its recent debt restructuring aren’t worthy of further litigation.
Chief executive officer John Haugh said growth “is taking longer than originally anticipated.”
Former La Perla chief Alberto Masotti embarks on a new project to foster innovation, heritage and education in fashion.
Deutsche Bank doesn’t like the athleticwear brand’s near term growth prospects.
Kors had been in the running alongside InterParfums and CVC Capital Partners.