Abercrombie & Fitch Co. chief executive officer Michael Jeffries saw his total reported compensation decline by more than 70 percent last year to $2.2 million as a result of a less generous employment contract and a more demanding retail climate.
Jeffries, who in January relinquished the post of chairman of Abercrombie & Fitch to Arthur Martinez but remained ceo, saw his total reported compensation drop from the 2012 level of $8.2 million. The cash portion was nearly cut in half as his salary remained unchanged at $1.5 million and his only other cash compensation came in the form of just under $700,000 in “other benefits.”
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)