The manufacturer has been pounding the pavement looking for an investor, according to two market sources.
Once a 1990s throwback, backpacks are now the new men's favorite hands-free accessory.
See our picks for the best posts from the world of menswear.
Designer and Luxury
Classic or edgy? The fashion direction the house will take is the question Gucci faces going forward.
Ready-to-Wear and Sportswear
Emanuel Chirico is set to participate this morning at the White House summit on a panel urging business leaders to invest in early education.
The 28-year-old tennis star will appear in the fall underwear and tailored clothing ad campaigns.
From mass to designer, brands are keying into the youth sector.