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."
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)