CUSTOMS RULING CHALLENGED: A coalition of 97 associations and companies, including Target Corp., Neiman Marcus Group, Macy's Inc., Levi Strauss and J.C. Penney Co., sent a letter to Homeland Security Secretary Michael Chertoff on Monday urging him to withdraw a proposal that could force apparel companies to pay millions of dollars in additional duties on their imports. The firms said the proposal from U.S. Customs, part of the Homeland Security agency, seeks to "overturn two decades of agency practice." The Customs plan would change a provision known as the "first sale rule" that allows firms to determine the value of an imported finished product on the cost at the point of first sale in the supply chain, such as factory to wholesaler. Customs wants to peg the final value to the point of importation, generally meaning the wholesale price. The agency said it needs to bring its rules into compliance with a decision by an advisory committee of the World Trade Organization.
SAFILO BUYS TWO: Safilo Group said it has acquired two international retail chains: Sunglass Island in Mexico and Just Spectacles in Australia. Along with the Solstice chain in the U.S. and Loop Vision in Spain, Safilo now has four operative organizations globally. Sunglass Island manages 45 stores, all of which are situated in premier locations throughout Mexico. They have been operating in the market for 15 years under the direction of the Krantzberg family, who will continue to work with Safilo, a 60 percent owner of the business. Perth-based Just Spectacles has 44 stores throughout Australia. Safilo acquired 100 percent of the chain. Regarding whether or not Safilo will change any current stores to its Solstice boutiques, chief executive officer Claudio Gottardi said, "For the moment the plan is to keep them as they are. The best locations will over time be converted to Solstice stores."
Breaking News: @louisvuitton's men's artistic director @mrkimjones is leaving the French fashion house after nearly 7 years. Jones joined Louis Vuitton in 2011, following a three year tenure as creative director of British luxury goods brand Alfred Dunhill. Jones is to exit Louis Vuitton after showing his fall 2018 collection for the brand in Paris on Thursday. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews