HELPING HAITI: Despite losing several family members and waiting to hear on the state of her brother, Haitian-born and Brooklyn-raised manicurist Myrdith Leon-McCormack is too driven to get lost in her emotions and not help her home country. Leon-McCormack said earlier this week she has been dealing with diplomats to help organize projects to assist in a rebuilding effort. To that end, she has gathered many of her high-profile beauty and fashion colleagues — Ted Gibson, Warren-Tricomi, Kissable Couture, Carmindy, Tracy Reese and Dana Gibbs — to serve as sponsors for Beauty With a Purpose: For the Love of Haiti, a two-day event she plans to hold during New York Fashion Week for editors, stylists, celebrities and designers. Each sponsor will donate items from their respective lines and proceeds from their sales will go to benefit a selection of charities. More sponsors are being courted to help fund the event, which will be held at the Bryant Park Hotel; the hotel is sponsoring one of the days. For more information, send an e-mail to Haiti@cmdpublicrelations.com.
COSMOLAB AUCTION: All4 Cosmetics Inc., a subsidiary of Schwan-STABILO Cosmetics GmbH & Co KG, inked a deal on Jan. 15 to purchase Cosmolab Inc. five days before the color cosmetics firm, based in Lewisburg, Tenn., filed its Chapter 11 petition in a Delaware bankruptcy court. According to bankruptcy court records, Cosmolab filed along with affiliated debtor Specialty Packaging Holdings, the lead debtor in the bankruptcy case. The proposed transaction, records said, is valued at $13 million in cash, minus adjustments such as any account shortfalls and up to $1 million in payments to suppliers, plus any assumed liabilities. The deal is subject to better offers at a required bankruptcy court auction. An affidavit from Michael J. Musso, chief restructuring officer and interim chief executive officer, filed in Delaware bankruptcy court, said the global market for the debtors’ lip and eye categories has “wholesale sales of approximately $300 million, with Cosmolab being ranked as a top 10 supplier in terms of sales.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"