- 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.
Yesterday, the Parisian fashion house @azzaro_official cut the ribbon on a temeporary retrospective at the wing of the Musée des Arts Décoratifs in Paris. The exhibition, which shows the lasting influence of the brand’s founder Loris Azzaro, is titled “Azzaro, Fifty Sparkling Years” and presents 50 looks. In it’s ’70s heyday, fans of the brand included Jane Birkin, pictured here, Raquel Welch, Brigitte Bardot and more. See more photos on WWD.com #wwdfashion
@trinaturk and @macys Inc International Concepts line are linking up on a collection for summer — filled with accessories, swimwear and shoes. The collection will also include a Mr Turk men’s line, both of which are the designer’s first entry into a more accessibly priced area. “It’s very world-traveler, gypset-inspired,” said Turk. The Trina Turk x INC line will launch on May 15th. #wwdfashion
Assouline is paying homage to the late Azzedine Alaïa with a reprint of "Alaïa Livre de Collection.” The book is comprised of photographs of the designer's summer 1992 runway show with models Christy Turlington Burns, Naomi Campbell and Tyra Banks, pictured here at right. #wwdfashion #alaia #tyrabanks
Fall 2018 accessories take on a painterly hue, with Nebulas Blue among Pantone’s top 10 colors of the season. (📸: @jonghyupstudio ; editor: @twallz21 ; stylist and set designer: @haideefindlaylevin ) #wwdaccessories
@americanapparelusa is relaunching the brand outside of the U.S. today, opening its online store to more than 200 countries. The company is also contemplating a return to brick-and-mortar, though details have not been confirmed. In tandem with the expanded distribution is a recasting of a social media ad campagn, called “Back to Basics,” pictured here, with a focus on diversity and a cast of models above the age of 21. Read more on WWD.com #wwdnews #wwdfashion
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge