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.
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)