• KAHN EXITS WET SEAL BOARD: Harold Kahn, former chairman and chief executive officer of Macy’s East, who last week was named ceo of Steve & Barry’s, has resigned from the board of The Wet Seal Inc., which he joined in January 2005. “Hal brought tremendous merchandising insight to the company as we successfully navigated a turnaround of the Wet Seal division,” said Alan Siegel, chairman.• NEW CFO, NO PRESIDENT: Sheamus Toal, executive vice president of specialty retailer New York & Company Inc., has been promoted to chief financial officer. He succeeds Ronald Ristau, who is leaving the 591-store chain. Ristau also was president of the company, a position that won’t be filled. Toal, who had been chief accounting officer, joined New York & Co. in 2004 as vice president, controller and treasurer after three years at Footstar Inc., where he was vice president and controller. A veteran of Revlon Consumer Products and Max Factor, Ristau joined New York & Co. in 1998 as executive vice president of operations and administration and became chief operating officer in 2002. He added the cfo duties in 2004 and became president last year. “We are pleased that the company has the senior management depth to promote such a strong financial executive from within,” said Richard Crystal, chairman and chief executive officer. “Sheamus has demonstrated a strong understanding of the business as well as excellent leadership skills.”• PENNEY’S PARES PARACHUTES: J.C. Penney Co. Inc. has limited the payouts on any new severance packages for senior executives to 2.99 times the sum of their annual base salary and the target bonus for the year of termination. The policy doesn’t change severance agreements already in effect, unless they are substantially modified. Penney’s also provided an exception for more generous severance packages that are specifically approved by company shareholders.
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
“I genuinely fell in love with water, I fell in love with Fiji, I fell in love with the whole life that we lived for those few months,” says @mrsamclaflin of filming for his new movie “Adrift” with @shailenewoodley. The 31-year-old actor spoke with WWD about his upcoming projects, meeting Jamie Dornan and working with co-star Woodley. #wwdeye (📷: @jamstoker)
3 years ago, fans of the late singer Aaliyah started calling for a collaboration with @maccosmetics. With the strength of social media — including mock ups of products — 25,000 people signed a Change.org petition for a limited-edition collection, and MAC couldn’t ignore the buzz. Tomorrow, MAC will unveil MAC x Aaliyah, a tribute to the singer who passed away nearly 17 years ago. Head to our stories to preview the new collection, which was worked on by Aaliyah’s family and inspired directly by her makeup bag. #wwdbeauty
Artistic director @clarewaightkeller will be dedicating @givenchyofficial’s fall 2018 couture show in Paris on July 1 to house founder Hubert de Givenchy, who passed away in March at age 91. Givenchy said the collection would be “an homage to his iconic creations, technique, and personal lexicon” and a “celebration of his timeless elegance and grace.” Head to WWD.com to read more. #wwdfashion (📷: Delphine Achard)
La Double J made a name for itself with its vintage-inspired prints, but for resort, designer JJ Martin has ventured into new territory: enter rich jewel toned solids and decadent embellishment, in the form of appliqués, crystals and sequins. #wwdfashion #resort19 #ladoublej
This Just In: J. Crew Group has named Johanna Uurasjarvi as its chief design officer.
Uurasjarvi succeeds Somsack Sikhounmuong, who left the company last September. Tap the link in bio for the full report. #wwdnews
“She came into my hotel room and she was like, ‘I have Chanel and Christian Dior.’ She was like, ‘Chanel likes you.’ And I was like, ‘I’m going to start crying,’” breakout star Maddie Hasson tells WWD of her styling sessions Molly Dickson. “I really like classic, elegant things. I love the way Anna Wintour dresses.” Read more about Hasson’s role in @impulseseries on wwd.com. (📸: @jgreenery ) #wwdeye
@virgilabloh revealed he's working with Australian stylist and
Vogue Australia fashion director @christinecentenera for his debut @louisvuitton men's collection, which will be presented in Paris on June 21. Centenera met Abloh while both working with Kanye West, where she consulted on his all his runway collections since his debut spring 2012 women's wear show. Read the full story on WWD.com. #wwdfashion #wwdnews (📷: @asussmanphoto)