CONAWAY ON THE LINE: Kmart Corp.’s lawyers said in bankruptcy court Tuesday that, because former chief executive Charles Conaway failed to warn its board of liquidity problems, the bankrupt discounter intends to try to make Conaway repay a $5...
CONAWAY ON THE LINE: Kmart Corp.’s lawyers said in bankruptcy court Tuesday that, because former chief executive Charles Conaway failed to warn its board of liquidity problems, the bankrupt discounter intends to try to make Conaway repay a $5 million loan that the retailer had forgiven. The lawyer also said that the trustee for Kmart’s creditors also could go after a $4 million severance payment collected by the former ceo. Conaway’s attorney disputed information disclosed by Kmart’s board in court documents alleging wrongdoing by his client, including the controversial program to suspend payments to vendors.
TSE SALES: Suzanne Zikas, a former vice president of sales for Donna Karan, has joined Tse as vice president of sales, reporting to Lewis B. Koppelman, who joined Tse as chief operating officer in November. Zikas, who had also previously worked for Pamela Dennis and Henri Bendel, will oversee sales for Tse’s three divisions: Tse, tsesay and Tse Men.
SARA LEE LAYOFFS: Sara Lee Corp. on Tuesday said it will eliminate approximately 1,200 jobs in Puerto Rico at three plants that manufacture Playtex innerwear. The job cuts will take place at factories in the towns of Dorado, Humacao and Vega Baja and are projected to take place in six to seven months. The Chicago-based consumer products titan said other textile divisions on the Caribbean island will continue operations. After cutting about 3,900 jobs in 2001, this latest action will reduce Sara Lee’s workforce in Puerto Rico to about 3,000. In a statement, Rafael Rodriguez, Sara Lee Intimate Apparel’s vice president of operations in the Caribbean, attributed the layoffs to "the continuing pressures of a weak economy and an intensely competitive atmosphere."
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)