- JONES BUYS INTEREST IN LICENSEE: Jones Apparel Group Inc. has acquired a minority interest in GRI Group Ltd., the exclusive licensee of several of Jones' brands in Asia, including Nine West, Anne Klein New York, AK Anne Klein, Easy Spirit, Enzo Angiolini and Joan and David. GRI, a privately held international brand management and retail-distribution group, operates more than 600 points of sale in 12 Asian countries. In addition to Jones brands, it distributes labels such as Pringle of Scotland, Steve Madden, Lucky Brand Jeans and Izod. Terms of the deal were not disclosed.
- ANN TAYLOR STAKE: Adage Capital Partners, a Boston-based investment group, has increased its stake in AnnTaylor Stores Corp. to more than 3.4 million shares, or 5.8 percent of those outstanding, according to a filing with the Securities and Exchange Commission. The company owned about 2.4 million shares as of its quarterly filing with the SEC on March 31. Adage said its stake was for investment purposes only and not to influence a change in ownership. As of March 31, the company had holdings in excess of $16 billion in a range of companies, including Wal-Mart Stores Inc., Target Corp., The TJX Cos., Dillard's, Chico's FAS and Coldwater Creek. Calls to Adage seeking comment weren't returned.
- JIMMY CHOO TO OPEN IN GINZA: Jimmy Choo will open a store in Tokyo's Ginza district next month. The 1,700-square-foot store will be set over two floors, with a mirrored staircase leading to a salon space on the second floor. The unit will carry the brand's handbags, leather goods and sunglasses, along with its most complete selection of shoe styles in its stores in Japan. Jimmy Choo has three existing retail locations in Tokyo. The company said the Ginza store is part of a planned expansion for Jimmy Choo in Japan, with a freestanding location set to open at Kobe Daimaru in September and a shop-in-shop unit in Ikebukuro Seibu, which will open in August.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast