PARIS — Consolidation continues in Switzerland’s high-end watch industry. Blancpain SA, which is owned by Swatch Group Ltd., said on Monday it had acquired Vica Sarl and its Vincent Calabrese brand for an undisclosed sum.Named after its owner and founder, Vincent Calabrese is a master watchmaker known for his technical expertise. He developed a tourbillon for Blancpain years ago when the brand still was owned by Jacques Piguet.Calabrese will join the team of watchmakers at Blancpain. His production facilities and patents will be transferred to Blancpain, and he will become a member of Blancpain’s management board.“[The deal] will allow [Calabrese] to focus exclusively on research and the realization of unique projects for Blancpain,” the company said. In the highly competitive high-end complicated watch market, which has been driving sales recently, the acquisition is something of a coup for Blancpain. It may also signal consolidation among smaller artisan horological masters as larger groups’ look to shore up talent. Europe’s key luxury groups have shown an appetite for high-end watch acquisitions this year. LVMH Moët Hennessy Louis Vuitton bought Hublot, and PPR just purchased a stake in the company that runs the Girard-Perregaux and Jean Richard brands.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
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