Checkout: and the Winner is … Mickey Week … Kmart Taps Rago …
AND THE WINNER IS: Sears Merchandise Group's 13th annual "Partners in Progress" award went to Los Angeles-based Jerry Leigh as apparel source of the year. Leigh supplies Sears with junior knit and woven tops, pants and some...
AND THE WINNER IS: Sears Merchandise Group's 13th annual "Partners in Progress" award went to Los Angeles-based Jerry Leigh as apparel source of the year. Leigh supplies Sears with junior knit and woven tops, pants and some maternity wear. Other apparel winners were Levi Strauss & Co. for men's wear, and Dallas-based Verilyte Gold, for developing a children's jewelry line, bracelet program and a 10-karat value-priced earring program. Each year, Sears recognizes its sources for delivering value and service. This year, 97 companies were chosen from more than 10,000 sources.
MICKEY WEEK: Although he won't be 66 until November, Mickey Mouse is celebrating his birthday with Venture Stores April 17-23. The 104-store chain will offer discounts on licensed Disney products, birthday cake, personalized birthday cards from Mickey and a sweepstakes to win a trip to Disney World in Orlando, Fla.
KMART TAPS RAGO: Kmart Corp. has named Virginia G. Rago divisional vice president of information systems for its fashion division in North Bergen, N.J. Rago reports to David M. Carlson, senior vice president of corporate information systems.
PROFITS TOUGHER TO FIND: While many mass merchants continue to register gains, spurred by a consumer quest for value, the fourth quarter of 1993 has been tough on some discounters' bottom lines.
ShopKo Stores, a regional discounter based in Green Bay, Wis., blamed competitive pricing pressure, higher promotional activity and lower-than-expected apparel sales for earnings plummeting 41.5 percent in the fourth quarter and 35.8 percent in the year ended Feb. 26.
For the quarter, earnings were $10.2 million, or 32 cents a share, against $17.5 million, or 55 cents, a year ago. Sales rose 7.9 percent, to $462.6 million from $428.8 million and same-store sales grew 3.7 percent.
For the year, earnings totaled $32.1 million, or $1, down from $50.1 million, or $1.56. Sales were virtually flat at $1.7 billion, while same- store sales rose 1.2 percent.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)