- PANEL WARNS ON CHINA TRADE: The U.S.-China Economic and Security Review Commission, a congressional advisory panel, said in a report Thursday that China's trade relationship with the U.S. is "severely out of balance." Among the 42 recommendations: Congress should enact legislation imposing punitive duties on Chinese imports through U.S. trade remedy law; the Bush administration should bring a World Trade Organization case against China for manipulating its currency, and requiring U.S. companies to report to the Commerce Department their receipt of any economic subsidy from China.
- KELLWOOD PROMOTES POWERS: Kellwood Co. has named Stephen F. Powers, president and chief executive officer of the Koret division, as chief customer officer of its Lifestyle Alliance. This is a new position for the new division of the $1.6 billion vendor's mainstream brands that includes Sag Harbor, Koret and Briggs New York. In addition to working with retailers, Powers will be responsible for Koret and Sag Harbor stores. Before joining Kellwood in 2005, Powers served as executive vice president of women's apparel for May Merchandising Corp., and served in various senior management positions in the women's business within May Co. from 1980 to 2003. Based in Oakland, Calif., Powers will report to Patrick J. Burns, group president of the Lifestyle Alliance.
- CHEAP CHIC GAINS: Hennes & Mauritz reported sales in October accelerated 15 percent as the company opened more stores. The Swedish fast-fashion giant said same-store sales in the month gained 3 percent. H&M is banking on a one-off collaboration with Roberto Cavalli, which it launched Nov. 8, to boost sales this month.
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)