OSCAR WORTHY: Will he stay or will he go? Rumblings resurfaced in Paris this week that Oscar de la Renta might make his July 9 couture show for Balmain his swan song. But reached on Thursday at the Ritz, the designer said he’s staying put for the moment. “At this point, I am really bound to do two collections,” he said. As reported, the designer informed the house of his intentions to leave following serious back surgery last year, but his retirement date has been the question du jour for months.
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JET LAG: Talk about air miles. Yohji Yamamoto arrived in Paris on Wednesday to prepare for his spring 2003 men’s wear show on Saturday night. But he won’t be staying put until his women’s ready-to-wear show on July 7, on the eve of couture week. Instead, the designer is jetting back to Tokyo Sunday, spending three nights there working on the spring women’s ready-to-wear collection before getting back on a plane to Paris with the clothes and his design team. Whew. No wonder Yamamoto has that collaboration with Adidas.
BURBERRY BOON: Rose Marie Bravo is spreading the Burberry wealth. The company’s chief executive, who could earn more than $20 million under the terms of her new contract and the upcoming IPO, has also insured Burberry’s senior management will benefit, too. The executives, many of whom were Bravo’s former colleagues at I. Magnin and Saks Fifth Avenue, will receive shares in Burberry worth a total of $11.7 million, and stock options worth a total of $14 million. Those lucky executives include design director Christopher Bailey; senior vice president, marketing Pat Doherty; managing director, U,K. and Europe retail Joy Frommer; senior vp, women’s wear Michelle Smith and senior vp, men’s wear Stanley Tucker.”