- HOUSE OKS FARM BILL: The House passed a $300 billion compromise farm bill on Wednesday that could potentially help retailers and apparel brands save millions of dollars in additional duties, extend benefits to apparel companies making clothing in the Caribbean, expand trade benefits to Haiti and give some financial support to U.S. textile producers using U.S. or imported cotton. The legislation next goes to the Senate for a vote, but it faces a veto threat from President Bush, who has argued that it contains too many subsidies for wealthy farmers. The House vote was 318-106, which is more than the two-thirds needed for an override if the President vetoes the bill.
- POLO DEPARTURE: Eileen Sullivan, a senior vice president of design at the Polo Ralph Lauren Corp., has left the company. Since joining in 1987, Sullivan held various design jobs at Polo, including senior design director in women's design, and vice president of Ralph Lauren Polo Sport. More recently, she was designing children's wear for American Living, the exclusive J.C. Penney brand developed by Polo's Global Brand Concepts division.
- NOT FOR SALE: Escada's major shareholder and Finartis chairman Rustam Aksenenko denied German press reports that he is considering selling his stake in the German fashion house. "We did not negotiate and are not negotiating a sale of our participation in Escada," Aksenenko said in a statement. "We believe in the potential of the brand." Rumors have been circulating of a possible interest in Escada by Tchibo Holding and MaxInvest co-owner Michael Herz, and according to a new report this week, the Indian steel billionaire Lakshmi Mittal via the Swiss bank UBS. While Aksenenko said he welcomed outside interest in the company, he added, "The recent rumors have not been helpful in keeping the company focused on the operations challenges of maintaining and building a world-class brand." Finartis' FCMH Fund LP owns 24.8 percent of Escada, and Aksenenko privately owns an additional 1.4 percent for a total of 26.2 percent.
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)