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."
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@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)