The two firms are considering a bid for Brazil's Alpargatas SA, the maker of Havaianas flip flops, whose controlling shareholders are already working on a sale, two sources with knowledge of the matter said on Friday.
It's a busy time for Gwyneth Paltrow's lifestyle brand Goop. Amidst a flurry of activity this week, the brand is also hosting a one-day pop up in Manhattan this Saturday to showcase its latest fragrance.
The actress and lifestyle guru will hold Goop's first In Goop Health Conference in Los Angeles, which will include a full day of high-end wellness treatment and celebrity appearances. Tickets will range from $500-1,500.
Raf Simons, considered one of the finest designers of his generation, made his debut for Calvin Klein on Friday, offering an homage to America in one of the most eagerly awaited New York shows in years.
Fashion giant Ralph Lauren Corp, whose designs clothe Hollywood's red carpet stars, has unveiled plans to trace wood pulp used in its clothes to avoid buying from regions destroying forests or violating human rights.