- LVMH STOCK SLIDE: LVMH Möet Hennessy Louis Vuitton’s stock closed down 5.26 percent to 63.30 euros, or $99.36 at current exchange, on the Paris Bourse Friday versus the prior day’s close. Reports suggest shareholders were taking profits on a stock that has outperformed its peers.
- NORTHPARK CENTER SECURITY: NorthPark Center in Dallas is ramping up security after three recent crimes and an increase of shoplifting. The mall has boosted the hours of its in-house security team and beefed up the number of off-duty police officers it hires for peak shopping times, said marketing director Christine C. Szalay. It also hired a firm to conduct security audits. A woman was shot in the face in the mall’s parking lot in May. Last month, five men robbed NorthPark’s Ben Bridge Jewelers in June of about $260,000 worth of Rolex watches. In the most recent incident, four men smashed a Chevrolet Suburban through Nordstrom’s glass doors after hours and stole an ATM. There were 145 incidents of shoplifting in first six months of 2008 compared with 117 for the same period last year.
- DMC EXEC NAMED: The Dallas Market Center has named Lee Taitel executive vice president and chief financial officer. He replaces Nancy Winton, who has left the company. Taitel oversees all accounting, finance and purchasing departments and reports to Bill Winsor, president and chief executive officer at the DMC. Before joining the DMC, Taitel was vice president of investment accounting for Hudson Advisors, Dallas. The DMC, which includes FashionCenterDallas, is the world’s largest wholesale merchandise complex with more than $8 billion in annual transactions.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“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