NEW CEO AT SHOPKO: Shopko Stores chief executive officer Michael MacDonald is leaving the company to become president and ceo of DSW Inc. W. Paul Jones, currently Shopko’s president and chief merchandising officer, will succeed MacDonald as ceo of Shopko. Jones joined the Green Bay, Wis.-based Shopko in November 2007 after a 20-year career at companies including May Department Stores, Kohl’s and Sears. Since joining Shopko, Jones has implemented a new merchandising strategy based on differentiated brands and strong promotional values. At DSW, MacDonald succeeds Jay Schottenstein as ceo. Schottenstein continues as chairman.
COUNTERFEITS COSTLY FOR N.Y.C.: New York City Police Commissioner Raymond Kelly said last week that the national domestic counterfeit industry costs the city about $1 billion in lost tax revenue annually. Speaking at an anticounterfeiting summit hosted by Harper’s Bazaar, Kelly called the manufacturers and distributors of knockoffs, responsible for about $600 billion in sales nationally, “a shadow industry that continues to lengthen its reach.” The commissioner said in 2008 the New York Police Department seizures related to counterfeit goods came to $25 million, about $2 million taken from personal bank accounts held by those suspected of counterfeiting, and made more than 2,000 arrests for trademark counterfeiting. Still, Kelly called for stricter punishments for the crime. “True counterfeiting is a threat to democracy and a threat to the rule of law,” he said.
A room full of toiles at the haute couture atelier in the Dior exhibition at Les Arts Décoratifs, open in Paris since July 5. This is just one of three major exhibitions that have been timed to coincide with the house's 70th anniversary. See the rest of the exhibits, plus read WWD's look into the iconic brand's history. Link in bio. #wwdfashion (📷: @dominiquemaitre)
For spring, Pamplemousse's Danica Zheng presented her signature slip dresses attached to a white T-shirt along with floral windbreakers, off-the-shoulder cotton blouses and more. For more highlights from the New York trade shows, go to WWD.com. #wwdfashion
The Green Carpet Fashion Awards closed out Milan Fashion Week yesterday. The fashion industry flocked to the event, showing its efforts to support and spread the message of sustainability. Supermodel Gisele Bündchen said "if each one of us took at least one step is this direction, there is no saying how much could be done." #wwdeye #wwdfashion #mfw (📷: Lodovico Colli di Felizzano)
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)