Reports have been circulating in the market that the duo would eventually want to finance another designer once Kors went public. And a few sources indicated that Vera Wang could be on their wish list. Wang and Chou are very good family friends, and sources said they have held conversations. But Wang is probably a year or two away from wanting to monetize her business, which is heavily weighted toward a licensed model. Wang has an apparel and accessories collection with Kohl’s, a deal with David’s Bridal and Zale’s, and numerous fragrance, beauty, accessories and home licenses, in addition to her directly owned wedding gown and ready-to-wear business.
It’s no secret that it takes Wang and her husband, Arthur Becker, many years to negotiate deals, and sources said Becker has conversations with many people about financing the business. He doesn’t use the services of an investment banker, rather he negotiates himself with his lawyer. Additional financing could provide Wang with greater penetration overseas, especially in China, and international freestanding stores. Becker couldn’t be reached Friday for comment.
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)