STAGE STORES PAY: Stage Stores Inc. president and chief executive officer Andrew Hall’s total compensation grew 9.1 percent last year to $1.7 million, as former chairman and ceo James Scarborough’s total compensation dropped 37.1 percent last year, to $1.8 million. Hall, who assumed the top job on Nov. 3 after Scarborough retired, had a 6.4 percent increase in his salary to $675,000 from $634,615, according to a regulatory filing with the Securities and Exchange Commission on Wednesday. Hall’s stock and option awards were valued at $986,579 up 39.8 percent. Scarborough’s salary fell 24.7 percent, to $753,267, but he received a bonus of $500,000, up from $175,000, a year earlier, as part of his retirement. Scarborough’s stock and option awards totaled $468,321, down 57.2 percent from last year. Stock-and-option awards are reported based on SEC accounting guidelines. The compensation reported in these categories was not necessarily realized because of vesting schedules and falling share prices.
LA VIDA LOCA: Giorgio Armani SpA has shuttered indefinitely its Emporio Armani store in Buenos Aires due to Argentine trade restrictions. “[The] store is momentarily closed,” a spokeswoman said. “We have no wish to withdraw from Argentina and are working hard to find ways to continue to trade in spite of the great difficulties caused by recent restrictions on imports.” The Argentine government announced unilateral measures in November to protect local industry from rising foreign competition. These included tightening controls on licenses for importing leather goods and textiles. The Armani spokeswoman declined to say how long the unit on Avenida Alvear had been closed, although she stressed the A|X Armani Exchange boutique would remain open.
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)