Wal-Mart Stores Inc. isn’t giving up on its Made in America pledge, and on Thursday will host a U.S. Manufacturing Summit at the Orange County Convention Center in Orlando, Fla.
The retail giant in January committed to sourcing $50 billion worth of goods in the U.S. over the next 10 years. It continues to appeal to other retailers to participate as it tries to line up support from businesses across a variety of industries, and reaches out to the federal and state governments. The blueprint is similar to other Wal-Mart initiatives such as the sustainable index the retailer introduced in 2009. Wal-Mart created a coalition between retailers, manufacturers, government, nonprofit organizations and academia for the index, which measures key performance indicators and category-specific metrics to evaluate a retailer’s performance and supply chain performance.
On Thursday, Wal-Mart Stores president and chief executive officer Mike Duke, Wal-Mart U.S. ceo Bill Simon, Sam’s Club ceo Rosalind Brewer and executive vice president and chief merchandising and marketing officer Duncan Mac Naughton, will be joined by such business leaders as General Electric chairman and ceo Jeff Immelt and Kayser-Roth president and ceo Kevin Toomey; Penny Pritzker, U.S. Secretary of Commerce, and Richard Fisher, president and ceo of the Federal Reserve Bank of Dallas, as well as the governors of eight states.
Wal-Mart will convene some 1,500 people at its summit, which “will build on Wal-Mart’s commitment to drive more American manufacturing as an industry,” the Bentonville, Ark.-based retailer said.
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
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BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
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