• 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.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)