- FISHERS SELL SHARES: Donald G. Fisher, founder and chairman emeritus of Gap Inc., and his wife Doris, a director at the company, sold off 13.9 million shares of the retailer over the last year, leaving them with 51.8 million shares, or a 7.1 percent stake in the firm, as of Monday.
- DFS APPOINTMENT: DFS Group Ltd. named Michael Schriver as president, worldwide store operations, overseeing the daily operations of all DFS retail locations around the world. Schriver succeeds Mark Daley, who joined Dean & Deluca after 22 years with DFS. Schriver also continues as president, merchandising until a successor for that role is named. DFS has commenced a search and expects to fill the position in the first half of 2008. Schriver joined DFS in 1998 and earlier spent 20 years at Macy's. He will be relocating to Hong Kong later this year.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)