- J&J ACQUISITION: Johnson & Johnson has acquired Chinese cosmetics firm Dabao for an undisclosed sum. The company stated that the acquisition of Beijing Dabao Cosmetics Co. Ltd. from Beijing Sanlu Factory and the Beijing Dabao Co. Ltd. Staff Shareholding Committee has been finalized following government approvals. “This transaction is an extension of our commitment to China,” said Jesse Wu, president of Johnson & Johnson (China) Investment Co. Ltd, a business unit that was established by J&J in China 10 years ago. Dabao, which markets a range of personal care products — including fragrances, skin care, color cosmetics and hair care — under an eponymous brand name, was launched in 1985. That same year, J&J established its first joint venture in China. - FUNDING PRODUCT SAFETY: The House of Representatives passed a consumer product safety bill Wednesday that would increase the funding and staffing for the Consumer Product Safety Commission to $118 million in 2010 and to $136 million by 2015, from its fiscal 2008 level of $80 million. The legislation also would establish lower lead content standards in all children’s jewelry and toys, and establish an online database to allow the public to review reports about product safety from consumers, the government and child care and health care providers. It also would increase the limit of civil fines to $15 million from $1.8 million, require third-party testing of all children’s products and direct the Government Accountability Office to conduct a study on the use of formaldehyde in the manufacture of textile and apparel products. The Senate could take up the bill this week.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)