The bids have been presented to the label’s liquidators and were examined in a court hearing on November 25. The court reserved judgement on the case, and will issue a ruling on it within three weeks, by mid-December.Undoubtedly, the potential buyers of the Sonia Rykiel brand name – and of the rich creative heritage it accrued since it was founded in 1968 – are several, presumably each with a d…
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For the first time in decades, we are in the midst of a bona-fide inflation scare. Recent numbers came in at 6.2%, the highest since 1990. With government spending in the trillions and economic activity surging as the pandemic wanes, much of the world is beset by high demand for goods that have created massive supply-chain bottlenecks, with not enough ships and capacity at ports leading to long…
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