MILAN — Safilo Group SpA can breathe a sigh of relief. After speculation the Italian eyewear firm could lose one of its most lucrative contracts, with Gucci Group, both companies said Monday they had renewed license deals for the production and worldwide distribution of branded eyeglass frames and sunglass collections for Gucci, Bottega Veneta and Alexander McQueen. The new Gucci license, which represents around 20 percent of Safilo’s turnover, now runs through 2018, while those for Bottega Veneta and Alexander McQueen have been extended until 2010 and 2013, respectively. “Safilo’s consistent respect for the spirit, heritage and exclusivity of these Gucci Group brands has made them a wonderful partner to work with. We look forward to building further on this strong foundation as we continue to expand our eyewear business in the years ahead,” said Gucci Group president and chief executive officer Robert Polet. Safilo vice chairman and ceo Massimiliano Tabacchi said the target was to further strengthen the Gucci brand’s leadership in all worldwide markets. The Gucci-Safilo relationship began with Gucci’s first eyewear collection in 1989. However, the loss of the Stella McCartney license — also part of the Gucci Group portfolio — to rival Luxottica Group SpA in April led some to speculate the Gucci contract was at risk. Safilo, which has licenses with Giorgio Armani, Dior and Valentino, among others, added Bottega Veneta and Alexander McQueen in 2002. The announcement anticipated Safilo’s third-quarter results, which are scheduled to be released on Friday. The company revised down its full-year outlook in July, after net profits slumped by more than a third in the first half of 2008. Safilo’s stock was up nearly 16 percent to 0.87 euros, or $1.12 at current exchange, at midday Monday on the Milan Bourse.
La Double J made a name for itself with its vintage-inspired prints, but for resort, designer JJ Martin has ventured into new territory: enter rich jewel toned solids and decadent embellishment, in the form of appliqués, crystals and sequins. #wwdfashion #resort19 #ladoublej
This Just In: J. Crew Group has named Johanna Uurasjarvi as its chief design officer.
Uurasjarvi succeeds Somsack Sikhounmuong, who left the company last September. Tap the link in bio for the full report. #wwdnews
“She came into my hotel room and she was like, ‘I have Chanel and Christian Dior.’ She was like, ‘Chanel likes you.’ And I was like, ‘I’m going to start crying,’” breakout star Maddie Hasson tells WWD of her styling sessions Molly Dickson. “I really like classic, elegant things. I love the way Anna Wintour dresses.” Read more about Hasson’s role in @impulseseries on wwd.com. (📸: @jgreenery ) #wwdeye
@virgilabloh revealed he's working with Australian stylist and
Vogue Australia fashion director @christinecentenera for his debut @louisvuitton men's collection, which will be presented in Paris on June 21. Centenera met Abloh while both working with Kanye West, where she consulted on his all his runway collections since his debut spring 2012 women's wear show. Read the full story on WWD.com. #wwdfashion #wwdnews (📷: @asussmanphoto)
"In order for Shudu to wear garments, she needs to be able to put them on, just like you would in the real world. You have to digitize the outfits," said Cameron-James Wilson on dressing 3-D model @shudu.gram for her WWD photoshoot with @itsclo3d. #wwdfashion (📸: @cjw.photo)
“Shudu is a digital supermodel, a very glamour and amazing woman. But she’s 3-D,” says Cameron-James Wilson, a fashion photographer and the creature of @shudu.gram. Here, Shudu wears @cushnieetochs for her debut fashion editorial. #wwdfashion (📷: @cjw.photo)
“It is the fierce female performances that came before me that made be able to clearly identify for myself what it was that I wanted to do, what kind of artist I wanted to be, what kind of films I wanted to make,” said @brielarson at the Women in Film Crystal + Lucy Awards. See more pictures from the event on WWD.com. #wwdeye (📷: Matt Baron)