Europe Watch: Money Men … Just Tapped … Zerunian Joins Jensen …
MONEY MEN: PPR remunerated its top executives handsomely last year. According to documents published last week on the French retail and luxury group’s Web site, its former chief executive Serge Weinberg, who was replaced last...
MONEY MEN: PPR remunerated its top executives handsomely last year. According to documents published last week on the French retail and luxury group’s Web site, its former chief executive Serge Weinberg, who was replaced last month by François-Henri Pinault, took home slightly over 3 million euros, or $3.9 million at current exchange, in pay last year, up from 1.9 million euros, or $2.5 million, the year before. Weinberg also was granted 50,000 stock options at 85.57 euros, or $110.38, a share. Meanwhile, Gucci Group’s chief, Robert Polet, who joined the company in July, earned 1.8 million euros, or $2.3 million, last year, including a 1.2 million euro, or $1.5 million, bonus. Polet got 25,000 stock options at 84.17 euros, or $108.55, a share. — Robert Murphy
JUST TAPPED: Gianni Versace has tapped Isabelle Harvie-Watt Clavarino as worldwide director of public relations and communications. Harvie-Watt Clavarino has spent the last 14 years working at Giorgio Armani SpA, working her way up to director of international relations. She will start at Versace May 2. Harvie-Watt Clavarino replaces Jason Weisenfeld, who recently relocated to New York and is starting a marketing and communications firm with former Saks Fifth Avenue executive Jaqui Lividini. Versace said in a statement that this appointment “completes the plan of managerial reorganization” at the company. — Amanda Kaiser
ZERUNIAN JOINS JENSEN: George Jensen has named Nadia Zerunian as international creative and artistic director, a new position. Zerunian, 39, was formally design and product development director of Calvin Klein Watches and Jewelry. At George Jensen she will be in charge of design strategy and oversee the company’s freelance designers. She will begin work on June 1, and report directly to Hans-Kristian Hoejsgaard, president and chief executive officer of George Jensen. “Our ambition is to grow into an international luxury goods company, around the core of our jewelry and watch business,” Hoejsgaard told WWD in a telephone interview. “Nadia’s position is very senior and an integral part of the overall strategy.” — Samantha Conti
LAURA ASHLEY DRESSES DOWN: The British fashion-to-furniture retailer Laura Ashley will cut its U.K. fashion offering by a third, in response to an 11.4 percent sales slump in the 52 weeks ended Jan. 29. The retail group, known best for its floral fabrics, saw sales drop to 238.9 million pounds, or $449.1 million at current exchange, from 283.5 million pounds, or $533 million.“Retail conditions in the U.K. remain difficult,” said Lillian Tan, chief executive officer of the company, in a statement. “Our challenge is to enhance further the product offering in this increasingly competitive marketplace.” Profits rose to 3.5 million pounds, or $6.6 million, from 2 million pounds, or $3.8 million, the prior year, due to cost cutting across the business. The retailer plans to increase its focus on home furnishing while reducing its U.K. clothing division to 14 percent of total sales by next year, down from the present 22 percent and from 28 percent last year. — Ellen Burney
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast