NIKE UNDER FIRE: Nike has asked its customers to cooperate with the Florida state attorney general’s investigation into alleged price fixing on its activewear and athletic footwear, said Vada Manager, director of global issues management. Nike...
NIKE UNDER FIRE: Nike has asked its customers to cooperate with the Florida state attorney general’s investigation into alleged price fixing on its activewear and athletic footwear, said Vada Manager, director of global issues management. Nike received a letter from the Florida attorney general Charlie Crist’s office last month notifying the company that a civil investigation was under way. The Sports Authority is among the retailers that has been asked to provide information."We’ve provided some documents and have asked any other retailers to cooperate," Manager said. "From this point, we don’t see anything substantial or material issue regarding our conduct." He said the "principal companies" with which Nike does business have been contacted but didn’t disclose any names. The Sports Authority has provided some documents for the investigation, said Frank Bubb, legal counsel for The Sports Authority, declining further comment. Foot Locker is reportedly another chain cooperating with the investigation. Phone calls to Crist’s office and Foot Locker were not returned at press time.
YES, WE KAHN-KAHN: Thomas Kahn, president of Kahn Brothers & Co., the investment firm that holds the biggest block of Haggar Corp. shares, has terminated his proxy contest to have himself and investor Mark Schwarz added to the company’s board in exchange for Kahn taking one of the two new directors’ seats. Kahn will serve a two-year term as director, while James Neal Thomas, retired senior audit partner of Ernst & Young, will serve for a single year. Thomas and Kahn will be on Haggar’s audit committee. Additionally, Rae Evans and Donald Godwin will stand for reelection to three-year terms on the board. Godwin was to have relinquished his seat because Haggar’s bylaws require a majority of directors to be independent, but the expansion of the board to eight members from six will mean that independent directors will maintain a majority. The selection of directors is expected to be confirmed at the company’s annual meeting in Dallas on April 2.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews