Following the company's liquidation, the Sonia Rykiel brand was put up for auction. FashionNetwork has learnt that it is brothers Eric and Michael Dayan, two of Showroomprivé's founders, that have purchased the label.
The Paris trade court decided to postpone the deadline for submission of offers to acquire the brand until July 18 in order to “give all parties the chance to file” following several withdrawals from applicants.
On Monday, the staff of Parisian label Sonia Rykiel, currently in receivership, voiced their fears for the future, while the Paris trade court is set to rule in July on a still mysterious potential buyer.
Cheryl Abel-Hodges has been promoted to chief executive officer of Calvin Klein to replace Steve Shiffman, who is leaving the company to pursue other interests. She will assume her new role this month.
PVH Corp. on Wednesday reported a profit decline for the first quarter 2019, as North America comparable sales fell across both its Calvin Klein and Tommy Hilfiger brands, sending its shares down 12% after hours.
Parisian label Sonia Rykiel has filed for receivership and is looking for a new owner, FashionNetwork.com learned on Tuesday. The announcement comes after several years of declining sales at the label.
PVH Corp. announced its financial results for the fourth quarter and full year 2018 on Wednesday, revealing quarterly sales and earnings that topped Wall Street estimates thanks to progress at its Tommy Hilfiger brand