The legal battle between Perry Ellis International Inc. and Victory International (USA) LLC over the Perry Ellis fragrance license has ended. According to documents filed July 30 in U.S. District Court for Southern Florida in Miami, Victory International has accepted a $30,000 settlement from Perry Ellis International. In August 2006, Victory International had signed a letter of intent to buy the license for $140 million from Parlux Fragrances Inc. That October, however, Perry Ellis International informed Parlux Fragrances that it did not consent to the deal and acquired the license for $63 million in cash later in the year. In January 2007, Victory International filed a complaint accusing Perry Ellis International of fraud and interference with contract. It sought an award of damages of “not less than an aggregate amount exceeding $250 million.” According to the settlement, Perry Ellis International will award Victory $10,000 while company founder and chief executive officer George Feldenkreis and chief operating officer Oscar Feldenkreis will each give $10,000. Both companies declined to comment on the settlement.
Rolex Watch USA Inc. has obtained a permanent injunction against a New York landlord and his tenants at two buildings on Canal Street in Manhattan. According to court documents filed July 21 in U.S. District Court in Manhattan, defendant Michael Marvisi, who owns 365 Canal Street Corp. and 326 Canal Street Corp., consented to the order. The injunction bans any tenants from making or distributing counterfeit Rolex goods. Rolex filed suit against Marvisi in March 2004. A call to Marvisi’s attorney seeking comment was not returned.
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion