- EXECUTIVE APPOINTMENT: Perrine Houdoux-Stoclet has been named managing director of Kris Van Assche's signature men's and women's fashion brand. The luxury goods executive previously fulfilled the role of chairwoman of the Thierry Mugler brand, where she oversaw the restructuring of the house's couture branch. "It is genuinely exciting to be working with a talented designer such as Kris at a time when his company is poised for further growth and development," stated Houdoux-Stoclet, who will take up her newly created position at the fashion house June 1.
-GREEN TO STICK WITH BHS: A spokeswoman for Sir Philip Green, owner of Topshop's parent Arcadia Group Ltd. and British Home Stores, has quashed speculation that the latter is for sale. London's Independent on Sunday ran a story suggesting Green is looking for buyers for the 180-unit BHS chain in order to focus his attentions on Topshop's expansion in the U.S. The story came after Green forecast a fall in profits for BHS in the financial year to 2008. The spokeswoman said the report was "not factual." BHS, a mass market chain, carries women's, men's and children's clothing as well as items for the home. Green's spokeswoman added that the Independent's suggestions that Green was preparing Arcadia for a stock market listing also were untrue.
-WARNACO WAGES: Warnaco Group Inc. president and chief executive officer Joseph R. Gromek earned $5.74 million in 2007, up 33 percent from $4.31 million in 2006. Gromek received no discretionary bonus in 2007, like all of Warnaco's top executives, down from his nearly $1 million bonus last year, but he received a $2 million nonequity incentive plan compensation. Helen McCluskey, group president of intimate apparel, was the second highest-paid executive at $2.84 million, up from $2.29 million in 2006, followed by Frank Tworecke, group president of sportswear, who earned $2.84 million, up from $2.24 million. Executive vice president and chief financial officer Lawrence R. Rutkowski made $2.15 million, up from $1.87 million.
- RELAY FOR LIFE: Designer Pamela Dennis will headline a fashion show and fund-raiser called "A Night of Fashion, Finance and Fun" on June 3 at the Jericho Terrace in Mineola, N.Y. The summer fashion show and dinner, sponsored by J.P. Morgan, Hartford Life and LPL Financial, will raise money for Relay for Life for The American Cancer Society. Admission is $25 a person, and tickets can be obtained through firstname.lastname@example.org.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion