- FORTUNOFF DEAL CLOSES: NRDC Equity Partners, owner of Lord & Taylor, has closed on its deal to acquire Fortunoff for $110 million, including $30 million to meet debt, benefits and other obligations. In his statement Friday announcing the closing, NRDC chief executive Richard Baker said the Fortunoff jewelry and home furnishings store could have as many as 50 full-line locations nationwide. It currently has four. He also said the company's 16 regional outdoor furniture stores could grow to more than 300 locales. Baker has stated his intention to create Fortunoff jewelry and home shops with bridal registries in NRDC's 47 Lord & Taylor stores, as well. NRDC wants the $439 million, 23-unit Fortunoff chain to nearly double its size over the next five years.
@deciem is all about transparency and approachability. At this year’s WWD Digital Beauty Forum, the brand's co-CEO @nicolakilner said talking to customers directly about the ingredients in products and how they work is key. #wwdsummits #wwdbeauty
‘We didn't know how relevant our film would be when we were making it. When Steven [Rogers] wrote the script Trump wasn't president, class divide in America wasn't as evident as it is now, though it was present. The Time’s Up movement hadn't began and the way we look at women and treat women who speak out — thankfully that is something that seems to have shifted in the last year. I think we just need to continue making art that provokes the conversation and do what we can,’ said ‘I, Tonya’ actress @margotrobbie. Head to WWD.com to see all the celebrities who walked the red carpet @bafta #timesup #wwdeye (📸: Neil Hall)
Gemma Arterton is joined on the @bafta’s red carpet by Eileen Pullen and Gwen Davis, the two women who started the fight for the pay-gap. ‘They represent a normal person speaking out for what is right. Speak out, we will listen and anyone can speak out,’ said Arterton. #eebaftas #timesup #wwdeye (📸: David Fisher)
On the list of emerging designers to watch at London Fashion Week is @nabilnayal. The Syrian-Born and raised designer – who is known for his sculptural and dramatic designs with an Elizabethan era aesthetic – said he designs for a woman who is not afraid to challenge conventions. To see which other up-and-coming talents are joining the schedule this season, head to WWD.com. #wwdfashion #lfw (📷: @gomezdevillaboa)