Recruitment firm 24 Seven Inc., which specializes in the fashion, beauty and retail sectors, said Monday it has closed on the acquisition of staffing company Gromwell Group.
A Manhattan bankruptcy court judge last week approved the purchase, which was followed by the transfer of Gromwell's operating assets and employees to 24 Seven.
"The fashion staffing industry is projected to climb to an estimated $200 million in revenues with more demands on creativity, global interface, cutting edge technology, speed, efficacy and top talent," said Celeste Gudas, president of 24 Seven. She noted that the firms are merging to "satisfy the demanding needs of the fashion staffing industry."
Tom Foley, former chief executive officer of Gromwell who will be a c-level executive at 24 Seven, said, "This is the best possible outcome at the best possible time in the economy for the two companies."
Gromwell Group in January filed for Chapter 11 bankruptcy court protection in Manhattan, and had been embroiled in a legal battle with 24 Seven that centered on theft of trade secrets and employment contract violations law. A New York State court awarded 24 Seven $742,000 against Gromwell. In bankruptcy court documents, Gromwell said it filed for Chapter 11 protection to bar 24 Seven from trying to seize assets to satisfy the court award.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia