- 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.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim