- TRADE MART IN COLOMBIA: The parent company of the Dallas Market Center said Thursday it will develop and manage a new wholesale trade complex in Bogota, Colombia, called the LatinAmerican Trade Mart that will be the largest such operation in South America. The 2.5 million-square-foot project is scheduled to open in 2011, according to Market Center Management Co., which owns or manages wholesale market centers such as the Dallas Market Center and FashionCenterDallas, Shanghai Mart and Brussels International Trade Mart. Market Center Management is owned by Dallas-based Crow Holdings. Pedro Gomez y Cia SA, one of the largest commercial developers in South America, and Organización Luis Carlos Sarmiento Angulo, a diversified private holding company, will own the trade mart. Market Center Management will collaborate with the owners as a partner supporting the design, construction, leasing and trade event planning and execution.
- NIKE-UMBRO DEAL: Nike Inc. passed a key hurdle in its $565 million purchase of Umbro plc, the U.K.-based soccer brand. Umbro shareholders meeting in London Thursday approved the all-cash acquisition, a process that began Oct. 23 when Nike bid 193.06 pence, or $3.83 a share. Pending court hearings and final regulatory approvals, Nike Vapor Ltd., a wholly owned Nike subsidiary, anticipates completing the deal in March. Nike intends to operate Umbro as a stand-alone brand that will join Nike's $2 billion portfolio of affiliates.
A room full of toiles at the haute couture atelier in the Dior exhibition at Les Arts Décoratifs, open in Paris since July 5. This is just one of three major exhibitions that have been timed to coincide with the house's 70th anniversary. See the rest of the exhibits, plus read WWD's look into the iconic brand's history. Link in bio. #wwdfashion (📷: @dominiquemaitre)
For spring, Pamplemousse's Danica Zheng presented her signature slip dresses attached to a white T-shirt along with floral windbreakers, off-the-shoulder cotton blouses and more. For more highlights from the New York trade shows, go to WWD.com. #wwdfashion
The Green Carpet Fashion Awards closed out Milan Fashion Week yesterday. The fashion industry flocked to the event, showing its efforts to support and spread the message of sustainability. Supermodel Gisele Bündchen said "if each one of us took at least one step is this direction, there is no saying how much could be done." #wwdeye #wwdfashion #mfw (📷: Lodovico Colli di Felizzano)
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)