Swiss travel retail giant Dufry has agreed to buy the rest of Hudson for $7.70 per share in an all-cash deal worth around $311 million. Dufry currently owns 57.4% of the US firm. This will delist Hudson from the NYSE.
This month’s annual edition of the Decoded Future event was completely digital and saw experts from Burberry, Matchesfashion and Stylus stressing how consumers are now participants in brands, not just shoppers.
Just when one thought that you’d expire from the lack of any new fashion in London Fashion Week’s debut digital season, along came Tiscar Espadas, Xander Zhou and Ka Wa Key with some genuinely new clothes.
Following Centric Brands’ bankruptcy filing, Marquee Brands has announced that it is taking back control of the BCBG Max Azria and BCBGeneration licenses, as part of its efforts to launch the Marquee-Direct platform.