The TJX Cos. reached a settlement agreement last week with Visa USA Inc. and Visa Inc. in litigation that arose out of TJX's previously reported unauthorized computer intrusions, according to a statement from the company. Under the terms of the settlement, TJX will offer up to a maximum of $40.9 million pretax in alternative recovery payments to eligible Visa issuers of payment cards that were affected. The settlement is conditional on the acceptance of the offer by at least 80 percent of the eligible Visa payment card accounts.Saks Inc. settled two lawsuits filed by former vendors over alleged markdown allowance issues, according to media reports. The cases were filed separately by International Design Concepts, a former Oscar de la Renta licensee, and Kleinert's Inc. Terms of the settlement were not announced, but in its most recent earnings report, Saks said it had third-quarter expenses of approximately $2.7 million associated with the vendor lawsuits and the Securities and Exchange Commission investigation that closed in September. IDC filed its initial lawsuit in 2005 for alleged fraud, among other charges related to the company's markdown policy.Chanel Inc. filed a lawsuit against Susan Lynne Pacini in San Francisco federal court on Nov. 26. Chanel alleged that Pacini sold counterfeit handbags and wallets through her Planet Tan and Master Marketeers Inc. businesses. Chanel asked for an injunction and damages. Pacini could not be reached for comment.Separately, Chanel filed a trademark counterfeiting and infringement lawsuit in federal court in Pensacola, Fla., against Mark A. Lanton, who does business as stylesoflife.com and Stylesoflife. According to court documents filed on Nov. 14, Chanel alleged that Lanton sold counterfeit handbags and sunglasses. Chanel asked for an injunction, damages and trial costs. Lanton could not be reached for comment by press time.Louis Vuitton Malletier reached a permanent injunction and final judgment on consent against Industech International Inc. in Manhattan federal court. The judgment was part of a larger lawsuit filed in 2004 against Industech, Burlington Coat Factory Warehouse Corp. and Four Seasons Handbag Co. for alleged trademark counterfeiting. Industech was restrained from infringing on Vuitton's trademarks. No financial damages were awarded in the judgment. Eon-Net LP filed a patent infringement lawsuit against J. Crew Inc. in Manhattan federal court on Nov. 19. According to legal documents, Eon-Net alleged that an information processing methodology used on jcrew.com infringes on patents it holds. Eon-Net asked the court for an injunction and damages. J. Crew could not immediately be reached for comment. Separately, Eon-Net also filed a lawsuit in federal court in New Jersey against Burlington Coat Factory Warehouse Corp. over the same patents.
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim
“I genuinely fell in love with water, I fell in love with Fiji, I fell in love with the whole life that we lived for those few months,” says @mrsamclaflin of filming for his new movie “Adrift” with @shailenewoodley. The 31-year-old actor spoke with WWD about his upcoming projects, meeting Jamie Dornan and working with co-star Woodley. #wwdeye (📷: @jamstoker)
3 years ago, fans of the late singer Aaliyah started calling for a collaboration with @maccosmetics. With the strength of social media — including mock ups of products — 25,000 people signed a Change.org petition for a limited-edition collection, and MAC couldn’t ignore the buzz. Tomorrow, MAC will unveil MAC x Aaliyah, a tribute to the singer who passed away nearly 17 years ago. Head to our stories to preview the new collection, which was worked on by Aaliyah’s family and inspired directly by her makeup bag. #wwdbeauty
Artistic director @clarewaightkeller will be dedicating @givenchyofficial’s fall 2018 couture show in Paris on July 1 to house founder Hubert de Givenchy, who passed away in March at age 91. Givenchy said the collection would be “an homage to his iconic creations, technique, and personal lexicon” and a “celebration of his timeless elegance and grace.” Head to WWD.com to read more. #wwdfashion (📷: Delphine Achard)
La Double J made a name for itself with its vintage-inspired prints, but for resort, designer JJ Martin has ventured into new territory: enter rich jewel toned solids and decadent embellishment, in the form of appliqués, crystals and sequins. #wwdfashion #resort19 #ladoublej
This Just In: J. Crew Group has named Johanna Uurasjarvi as its chief design officer.
Uurasjarvi succeeds Somsack Sikhounmuong, who left the company last September. Tap the link in bio for the full report. #wwdnews
“She came into my hotel room and she was like, ‘I have Chanel and Christian Dior.’ She was like, ‘Chanel likes you.’ And I was like, ‘I’m going to start crying,’” breakout star Maddie Hasson tells WWD of her styling sessions Molly Dickson. “I really like classic, elegant things. I love the way Anna Wintour dresses.” Read more about Hasson’s role in @impulseseries on wwd.com. (📸: @jgreenery ) #wwdeye
@virgilabloh revealed he's working with Australian stylist and
Vogue Australia fashion director @christinecentenera for his debut @louisvuitton men's collection, which will be presented in Paris on June 21. Centenera met Abloh while both working with Kanye West, where she consulted on his all his runway collections since his debut spring 2012 women's wear show. Read the full story on WWD.com. #wwdfashion #wwdnews (📷: @asussmanphoto)