- 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.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews