MORE ON CALVIN: Whatever Bernard can do, so can François. At least, that’s the thinking behind the latest rumor to pop up regarding Calvin Klein Inc., which has it that French tycoon François Pinault came to Manhattan last week looking...
MORE ON CALVIN: Whatever Bernard can do, so can François. At least, that’s the thinking behind the latest rumor to pop up regarding Calvin Klein Inc., which has it that French tycoon François Pinault came to Manhattan last week looking to negotiate for the designer’s business. The thinking is that since Bernard Arnault’s LVMH Moët Hennessy Louis Vuitton bought Donna Karan, Pinault wants to own an American designer brand, too. But no one was talking officially on Friday, and there also are reasons why such a scenario might not make sense: Pinault-Printemps-Redoute last month sold the majority of its financial services arms for some $3 billion to pay down its $6 billion debt and alleviate investor worries over its commitment in 2004 to pay $4.8 billion for the 47 percent of Gucci it does not already own. Plus, there’s already a list of potential suitors for bits and pieces — or all — of the Calvin Klein brands, including Kellwood Co., Phillips-Van Heusen, VF Corp. and Lawrence Stroll and Silas Chou.
However, PPR has also indicated it would slowly reconfigure its profile by reducing its business-to-business activities in favor of higher-margin retail and luxury businesses. PPR first moved in that direction when in August it also sold the mail-order subsidiary of Guilbert, its office supplies distributor, to Staples Inc. for $808 million. PPR has also hinted it could sell Rexel, the electrical equipment retailer.
Spokesmen for PPR and CKI declined to comment, and Pinault’s personal spokeswoman could not be reached at press time Friday.
DIET MANIA: Is everyone soon going to be as svelte as Karl Lagerfeld? If preliminary sales of his diet book "3D" are any indication, the chances are pretty high. Lagerfeld’s much-anticipated book hit outlets in France on Thursday, and the 200-page tome caused such a stir that it sold out in its first day. "I don’t know exactly how many copies they printed but I think it was around 30,000," commented Lagerfeld. "It’s amazing, no?" The book was issued simultaneously in Germany — and it has already sold out there, too. "There were a 100,000 copies in Germany. All gone. It’s incredible. I guess people like this kind of book."Lagerfeld’s publisher, Robert Laffont, is already working overtime to satiate public appetite, and the book should hit the U.S. early next year. "I hope they can reprint fast enough," said Lagerfeld. In the book, which sells for about $20, the designer details the method he employed to shed more than 90 pounds in 13 months. It is co-authored with Dr. Jean-Claude Houdret, the diet guru, whose advice Lagerfeld implemented. "It’s very serious. No funny business in the book," said Lagerfeld. "To lose weight, you’ve got to have discipline. The diet worked wonders for me. I’ve never been hungry. I sleep well. I work well. You just can’t eat anything between meals. That’s the secret."
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)