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
@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 (📷: Dominique Maître)
@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)