• BUXBAUM STALKING HORSE FOR S&K TRADEMARKS: The Buxbaum Group has been chosen as stalking-horse bidder for the intellectual property of the now-defunct S&K Menswear chain. S&K filed bankruptcy in February, and its 105 stores were liquidated by Gordon Brothers Retail Partners beginning in May after the company was unable to find a buyer or the financing to continue to operate. That process has been completed, according to Margaret Birlem, a partner in Streambank LLC, an advisory firm specializing in intangible assets. Streambank has reached a deal to sell S&K’s intangible assets to Buxbaum for $165,000. This includes the store name as well as its private brands Roberto Villinni, Kilburne & Finch and Daniel Gray, and its database of more than 2.5 million customers. The Buxbaum offer is subject to higher and better bids and bankruptcy court approval. S&K has filed a motion with the court seeking approval of the sale procedures, setting a bid deadline of Nov. 6, and an auction date of Nov. 10.
• BUY RESPONSIBLE CAMPAIGN BOWS: The International Organization for Migration launched a campaign in Brussels on Monday, aimed at creating greater consumer awareness of goods manufactured by trafficked and exploited workers worldwide. The campaign, titled “Buy Responsibly,” was designed by Saatchi & Saatchi Geneva and features TV spots to run in Europe of exploited workers trapped under an upside-down shopping cart. The IOM initiative is also backed by the Clean Clothes Campaign alliance, the Council of Europe and the Ecumenical Council for Corporate Responsibility. The IOM said about 800,000 people are trafficked across international borders annually and more than 12 million people are estimated to be in forced or bonded labor and working in appalling conditions, including some in textile mills and apparel sweatshops, but primarily in agriculture and construction. Campaign organizers are telling shoppers to find out where the food and goods are processed or manufactured to avoid indirectly supporting slave labor with their purchases.
• NEW CEO AT TECHNOMARINE U.S.: Steven E. Cohen has been named chief executive officer of TechnoMarine in the U.S. Cohen has more than 20 years of experience in the fine watch sector, with stints as president of Movado Group’s Canadian division and as the American president of Ebel, also under the Movado flagship. Based in Miami, Cohen will shuttle to and from Geneva, where the watch company is based. Cohen reports to Vincent Perriard, who was appointed ceo of TechnoMarine Group in August after leaving Movado Group Inc., where he was president of the Concord brand.
• GALA HELD: The second annual perfumery industry gala for La Fondation Motrice, a foundation for research into cerebral palsy, took place Thursday night at the Observatory in Paris. One hundred and eighty people attended, including Andrea Casiraghi, the organization’s patron, and Iman. At least 22 beauty companies were represented. Fun-filled festivities high above Paris’ rooftops involved operatic performances, a magician deft with disappearing tricks and combustion, plus a lively raffle.
“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
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast