- HASKELL BUYS SAMARA: Costume jewelry firm Haskell Jewels has acquired M.W. Samara Sterling Silver Designers, a maker of sterling silver jewelry since 1972, with an annual volume of about $20 million, according to industry estimates. Founder and president Mark Wasserman will continue to be involved with M.W. Samara and the company will continue to operate under the same name. "Since the inception of Haskell Jewels, we have been committed to expanding the spectrum of jewelry," said Gabrielle Fialkoff Redford, chief operating officer of Haskell Jewels. "M.W. Samara is a leader in the sterling silver business, and through our acquisition, we are diversifying our company's vision."
- BAUGUR SELLS STAKE IN BOOKER: Baugur, the Icelandic investment group, has sold its 31.4 percent stake in U.K. food wholesale business Booker. Selling the Booker stake raised just more than 70 million pounds, or $137 million at current exchange. Baugur sold the stake, which it held as part of the investment vehicle Milton — of which it owned 71 percent — to Kaupthing Capital Partners and other institutional investors. Baugur acquired the stake in Booker as part of the Big Food Group, which it acquired for 326 million pounds, or about $641 million, in 2005. A spokeswoman for Baugur said Wednesday that the sale was in line with the group's strategy to focus on retail investments. In April, the group said it had agreed to sell off its media, technology and financial investments to Stodir Invest and Styrkur Invest for 430 million pounds, or $836 million.
For its next men’s wear collection, @roberto_cavalli will show as a special guest at #PittiUomo, running from June 12-15. The brand, which has Florence in its roots, will relaunch its men’s wear collection, which will be presented separately from women’s wear for the first time since Paul Surridge was appointed creative director in May. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.