PACSUN CUTS UNIT PRESIDENT: Pacific Sunwear of California said Wednesday in a regulatory filing that it is eliminating the position of president at its D.e.m.o. subsidiary, which the skate- and surf-inspired apparel chain is in the process of shuttering. The Securities and Exchange Commission filing said Lou Ann Bett will leave the company on March 15. The company previously said it will close the remaining 154 D.e.m.o. stores as part of its restructuring process. Last May it closed 74 units of the underperforming urban-inspired division. The closing of the stores is expected to be completed this May. The filing also said Bett will be entitled to receive severance benefits under the company's executive severance plan.
EXPRESS APPOINTMENT: Express has named Lisa Gavales executive vice president and chief marketing officer, succeeding John Wendler, who departed in May. "As an independent business, we have established aggressive growth plans that will require strong marketing and visual leadership to ensure that we are clearly articulating our brand to our customers," Michael Weiss, chief executive officer of Express, said. Gavales was most recently Bloomingdale's senior vice president of marketing and was largely responsible for growing the store's e-commerce. Earlier, she worked at PricewaterhouseCoopers and Habberstad International.
JAFFERJEE TO RAFAELLA: Rafaella Apparel Group Inc. said it appointed Husein Jafferjee as chief operating officer. Jafferjee was previously at Elie Tahari as chief operating officer. Prior to that, Jafferjee served in a variety of roles at Urban Children's Stores, Henri Bendel and Mexx USA, as well as Bankers Trust Co., Cosmair Inc. and Touche Ross & Co.
VALUE CITY DEAL: Retail Ventures Inc. said it sold an 81 percent ownership stake in its Value City Department Stores business to VCHI Acquisition Co., which is described as a newly formed entity owned by VCDS Acquisition Holdings LLC, Emerald Capital Management LLC and Crystal Value LLC. "Retail Ventures Inc. will receive no net cash proceeds from the sale, will pay a fee of $500,000 to the purchaser and anticipates recognizing an aftertax loss on the transaction," the retailer said in a statement. "As part of the transaction, Retail Ventures Inc. issued warrants to VCHI Acquisition Co. to purchase 150,000 shares of common stock of Retail Ventures at an exercise price of $10 per share, and exercisable within 18 months of the date of the closing of the transaction."
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty