SEARS JOB CUTS: Sears Holdings Corp. plans on cutting 200 support jobs from its Hoffman Estates, Ill., headquarters, trimming 4 percent of its 5,000-strong workforce there. Last month, the corporate parent to Sears and Kmart said it would break its business into five units to streamline operations. "As we've previously stated, Sears Holdings' results have not been satisfactory and because of that, as part of a continuing process, we are assessing our business priorities, cost structures and organization and, when and where necessary, we will be making adjustments," said a spokesman. "This week, approximately 200 associates from our support center locations were impacted after a review of our organization. We offered those associates severance packages and outplacement services to assist with their transition."
U.S. APPEALS WTO RULING: The U.S. has filed an appeal of a World Trade Organization compliance panel ruling last fall that affirmed Brazil's complaint that the U.S. had failed to fully implement judgments that found American cotton subsidies broke global trade rules. "We believe that the changes made by the United States have brought its programs into full compliance with the WTO's recommendations and rulings in the original cotton case," said a spokeswoman for U.S. Trade Representative Susan Schwab. Brazilian trade officials have stated that if the U.S. loses the appeal, Brazil would have the right to retaliate for up to $1 billion a year in sanctions until Washington fully complies with the rulings.
IP ENFORCEMENT UP: According to a report released Monday by Chris Israel, U.S. coordinator for International Intellectual Property Enforcement, the Department of Justice reported a 7 percent increase in intellectual property cases in fiscal year 2007. The Department of Justice filed 217 intellectual property cases in 2007 versus 204 in 2006. The number of cases filed increased 30 percent between 2007 and 2005. The number of defendants sentenced for intellectual property crimes increased 35 percent to 287 in fiscal year 2007 from 213 the prior year. The prosecutions in 2007 increased 92 percent from 2005 numbers.
Donatella Versace will receive the International Award at the 2018 @cfda awards, which were announced tonight. Tap link in bio for a list of all the nominees and honorees. #wwdnews #wwdfashion (📷: @rahirezvanistudio )
The 2018 @cfda Awards nominees are out! @virgilabloh for @off____white for is nominated for Womenswear Designer of the Year. Tap link in bio for all the nominees. #wwdnews #wwdfashion ( 📷: @simonelezzi)
@chanelofficial is suing high-end vintage retailer @whatgoesaroundnyc for trademark infringement, a move that could cost the retailer millions. The French fashion house claims that it’s not only unintentionally sold counterfeit goods on occasion, but that it’s “gone out of its way to create an association with Chanel,” which does not exist. Read Chanel’s statement on WWD.com #wwdnews (@aitorrosasphoto)
Exclusive: Guillaume Henry has left @ninaricci, the fashion house said on Thursday. “After three years of mutually gratifying creative collaboration, Nina Ricci and Guillaume Henry have together decided that the designer will depart the house after the presentation of the fall-winter 2018-19 collection,” Ricci said in a statement. Get all the details on WWD.com #wwdfashion (📷: @aitorrosasphoto)
“When Bella enters a room all heads turn,” said @peterphilipsmakeup, creative and image director for @diormakeup. Last night, the two celebrated the product launch of Dior’s Lacquer Plump in Los Angeles with other celebs like @parisjackson, @winnieharlow and more. Head to WWD.com to see the rest of the photos from the night (📷: @chelsealaurenla) #wwdeye
“These shirts are an art form, it’s about getting the message out to as many people as you can. It breaks down the pretentiousness of the art gallery,” says Kumasi Sadiki, cofounder of @ebayontheblock, a store that sells merchandise by New York artists who are shifting their attention to clothes as a wearable medium. Pictured here is a design by artist @joegarvey_, one of the first to spearhead this movement. Head to WWD.com to read @mistywhitesidell full story on how their designs have become merch for the underground elite #wwdfashion
@netaporter is dedicating a part of its website – called the Fine Jewelry and Watch Destination – to highlight its high-end jewelry. The hub will feature products on the site, as well as incorporate styling advice and educational content about high-priced jewelry items. Get more details on WWD.com. #wwdaccessories
For “The Cher Show,” an upcoming musical based on @cher’s life and career, @bobmackie is once again collaborating with the singer in designing the costumes. For decades, Mackie has designed glitzy stage costumes and red carpet looks for the 71-year-old Grammy winner. Pictured here is a sketch of some of the pieces in the wardrobe of the musical, which is set to debut in Chicago on June 12 before making its way to Broadway #wwdeye