- 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.
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