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.
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)