Linda LoRe, chief executive officer of the retail division of Frederick’s of Hollywood Group Inc., has added the title of company president, overseeing merchandising, marketing and product development activities of both the Frederick’s of Hollywood retail and Movie Star wholesale divisions.
Mel Knigin has relinquished the position of president and ceo of the wholesale unit and resigned as a director of the company to assume the new title of senior vice president of sales. The company said Knigin’s transition, originally planned for July 1, was moved up “to facilitate the company’s management restructuring and concentrate [Knigin’s] experience and efforts on improving its wholesale sales.”
Knigin was ceo of Movie Star before its merger with Frederick’s one year ago. Earlier this month, Thomas Lynch succeeded executive chairman Peter Cole as ceo of the company. Lynch had held the same post at Fursa Alternative Strategies, one of the principal shareholders of Frederick’s.
LoRe spent eight years as president and ceo of Giorgio Beverly Hills before joining Frederick’s in the same post in 1999. The following year, Frederick’s filed for bankruptcy, emerging from Chapter 11 in January 2003.
In the first quarter ended Jan. 28, the company’s net loss available to common shareholders grew to $5.3 million, or 20 cents a diluted share, from a loss of $3.9 million, or 33 cents, in the year-earlier period. With the addition of $9.4 million in wholesale revenues, offset by a $4.1 million decrease in retail volume, sales rose 14.5 percent to $42.6 million from $37.2 million.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty