STEPPING INSIDE: Gianfranco Ferré SpA is taking footwear in-house and beefing up its design department under new creative director Lars Nilsson. The Italian fashion house said it has agreed by mutual consent to terminate its license with Vicini SpA for the production and distribution of Gianfranco Ferré footwear six months early in spring 2008 and create a division devoted exclusively to shoes and accessories. The decision ties in with Nilsson's first collection for the brand, scheduled for fall 2008. IT Holding SpA, which owns Gianfranco Ferré, will handle logistics. "With this decision, we are bringing in-house the products representing the greatest potential for the company's growth," Gianfranco Ferré chief executive Michela Piva said.
FREE TRADING WITH PERU: President Bush signed the U.S.-Peru Trade Promotion Agreement Friday that provides permanent duty free treatment for apparel imports from the Andean country. Peru was enjoying duty free status under another program that was set to expire. With those benefits locked in, Peruvian exporters, who shipped $845.1 million worth of apparel to the U.S. for the year ended Oct. 31, will now have a more predictable business environment.
SEARS' OFFICIAL BID: Sears Holdings Corp. said Friday that it submitted a draft acquisition agreement to Restoration Hardware Inc. that offers to pay stockholders $6.75 a share in cash through a tender offer, according to a Securities and Exchange Commission filing. The specialty home goods retailer declared Sears an "excluded party" under terms of a prior acquisition deal with Catterton Partners. The move allows negotiations between Sears and Restoration Hardware to proceed. Catterton Partners' offer is for $6.70 a share, which was made in early November. Sears previously made an unofficial bid for the specialty retailer.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)