HERMES ACCUSES EBAY: Hermès on Thursday confirmed that it was taking legal action against eBay over the online auction house's alleged sale of counterfeit Hermès products. The French luxury house said it had a case pending against eBay France and eBay International AG in the Tribunal de Grande Instance in Troyes, France. The company declined to comment on the specifics. A spokeswoman said eBay had damaged Hermès by "providing a party, who is also being pursued in court, the necessary tools to promote and sell counterfeit bags, and to have earned a commission on those sales." LVMH Moët Hennessy Louis Vuitton and Tiffany & Co. also have taken eBay to court. An eBay spokeswoman said the company hopes to collaborate with Hermès on anticounterfeiting measures.
FERRAGAMO IPO: Salvatore Ferragamo is moving full-throttle ahead with its initial public offering. Chief executive officer Michele Norsa confirmed that the Florentine luxury goods firm has tapped Caretti & Associati, a Milan-based boutique financial firm, to advise in the listing, planned for early next year. Caretti & Associati, founded by Francesco Caretti in 1992, advised Ferragamo during the Emanuel Ungaro spin-off in 2005.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"