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.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)