Bankrupt retailer Destination Maternity has received a $50 million stalking horse bid from Marquee Brands, subject to a higher bid at bankruptcy auction. Marquee Brands is backed by Neuberger Berman, an employee-owned investment manager. Marquee Brands and a venture composed of Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC entered into an asset […]
MILAN — Following the flood in Venice earlier this month that damaged heritage sites, storied hotels and stores, Bottega Veneta has decided to help safeguard one of the city’s most famous landmarks. Teaming up with non-for-profit organization Venetian Heritage, the Italian luxury label will support the restoration of the mosaic floors and the multi-color marble […]
PARIS — Kim Jones is hitting Miami with his Dior pre-fall men’s collection as the city gears up for Art Basel Miami Beach, a highlight of the year for artists and collectors. But the designer is breaking with recent tradition by collaborating not with a fine artist, but a man equally famous for his distinctive […]
On the heels of Love Ball 3, the Council of Fashion Designers of America and Susanne Bartsch, in partnership with MAC Cosmetics’ Viva Glam Fund, has granted $500,000 to eight New York-based community organizations identified in conjunction with the New York Community Trust. The organizations were selected for their existing initiatives that help queer people […]