DUPONT’S NORTHERN DEAL: DuPont on Wednesday said it offered to pay $1.4 billion to acquire the outstanding shares of DuPont Canada, of which it already owns 76 percent. It’s one of the last housekeeping steps Wilmington, Del.-based DuPont...
DUPONT’S NORTHERN DEAL: DuPont on Wednesday said it offered to pay $1.4 billion to acquire the outstanding shares of DuPont Canada, of which it already owns 76 percent. It’s one of the last housekeeping steps Wilmington, Del.-based DuPont has to do to prepare for the spinoff or sale of DuPont Textiles & Interiors, which the company has said it aims to complete by the end of the year. DTI’s U.S. operations already operate as a stand-alone unit within the company. DuPont has said it is considering a number of ways to spin off DTI, including an initial public offering if market conditions permit. However, as reported, the company is also said to be in talks with other private investors, including Koch Industries, which owns KoSa — DuPont’s former polyester operation.
VIYELLA SOLD — AGAIN: Viyella, the traditional U.K. clothing brand that targets women over 50, has been sold to the knitwear manufacturing company Harris Watson Holdings for an undisclosed sum, confirming reports in these pages. A spokeswoman for Harris Watson confirmed the sale, but declined further comment. As reported, Richard Thompson, of Riverhawk Investments, bought the Viyella and Jaeger brands from Coats PLC in January with an eye to flipping them. Earlier this month, he sold Jaeger to the textile entrepreneur Harold Tillman, owner of Baird Menswear Brands. Thompson could not be reached for comment on Wednesday.
STEPPING OUT WITH VANDERBILT: The Amerex Group has wrapped up a licensing deal with Jones Apparel Group to produce a line of outerwear and rainwear under the Gloria Vanderbilt and GLO label. Howard Grossman, president of Amerex’s women’s division, is heading up the new venture. The license had been held by Fleet Street, but was ended last May. The 20-piece collection of peacoats, anoraks, down jackets and walking coats is now being shown at the Amerex showroom at 512 Seventh Avenue in New York. Wholesale prices range from $30 to $60. Grossman declined to give a projected volume, but said the Vanderbilt lines are expected to be carried by at least 20 department, specialty and mass market stores this fall. Amerex also produces the Jones New York outerwear line under license.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty