The accessories firm is sending another letter to the Perry Ellis Special Committee Monday morning on why it has the better offer.
The 14-year-old accessories brand will introduce three bags next month as part of a capsule line.
The former GQ creative went full stylist for Todd Snyder’s new collection and campaign, but there’s a lot more work on the way.
The responsibility to shareholders involves a common sense approach to balancing price and the ability to close the deal.
The transaction includes French underwear brands Eminence and Athena, and the Italian brand Liabel.
The Perry Ellis special committee said a $444 million offer from Randa was “highly conditional, nonbinding and insufficient in terms of value and certainty.”
The $437 million deal to take Perry Ellis private is expected to close in four months.
Here, highlights from the fall 2018 collections.