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: @cushnieetochs’ co-founders @carlycushnie and @ochsmichelle are parting ways. After a 10-year run, Ochs is leaving the brand. Get the full story on WWD.com – link in bio. #wwdnews #wwdfashion
@maybelline’s Kanako Takase had snow bunnies in mind when creating the beauty look for @philipppleininternational. Playing off of the bedazzled snowboards in the collection, Takase mixed two highlighters together for a luminous sheen. #wwdbeauty #nyfw (📷: @jilliansollazzo)
“There’s a huge gap between the old way of doing things and today. It takes the youth to help evolve that. You have to count on the kids today to help lead you into the future. A lot of these retailers are stuck in the past. Communication is the biggest thing,” said @ronniefieg of @kith on the youth’s role in retail. On Monday night, Jeff Staple moderated a keynote session with Fieg and @syresmith at Assembly - a series of workshops, talks and keynotes addressing topics or issues in the apparel industry. Head to WWD.com to read more advice from Fieg and what Smith thinks of his dad @willsmith’s Instagram account and sustainability (📷: @weston.wells)
@joansmalls closed the @michaelkors fall 2018 show in black sequined pants and a varsity T printed with 19 on the front and 81 on the back. 1981 – the year Kors went into business. #wwdfashion #nfyw (📷: @giovanni_giannoni_photo)
“You think your life is going to be a certain way, and nothing you thought would happen ends up happening. Never in my wildest dreams did I think I’d be designing clothes and working with Mickey Drexler, and building something I’m deeply proud of,” said Jenna Lyons. Nine months after leaving @jcrew, Lyons is exploring the meaning of happiness. Read the interview, where Lyons talks about reinvention and more on WWD.com – link in bio. #wwdfashion (📷: Farrell) #jennalyons #jcrew