NYGARD’S GATE-CRASHERS: A trio of masked robbers broke into Peter Nygård’s private compound in the Bahamas last week and robbed the Canadian fashion mogul at gunpoint during a party he was hosting. According to wire-service reports,...
NYGARD’S GATE-CRASHERS: A trio of masked robbers broke into Peter Nygård’s private compound in the Bahamas last week and robbed the Canadian fashion mogul at gunpoint during a party he was hosting. According to wire-service reports, the thieves escaped with an undisclosed amount of cash they obtained by forcing the chairman and owner of the namesake company to open his safe. Pamela Erickson, Nygård’s director of marketing, confirmed the information and said no one was hurt, but declined further comment because local police are still investigating. Reportedly, police believe the men, who were dressed as security guards, entered through a high-security peninsula — called Nygård Cay — by sea and also escaped that way.
BURANI TAKES HALF OF LEZARD: Mariella Burani Fashion Group said Tuesday it bought a 50 percent stake in René Lezard Mode GmbH, the German women’s and men’s luxury ready-to-wear manufacturer, for $11.5 million. The rest of the firm remains with Thomas Schaefer, a founder of the company created in 1978. René Lezard posted sales of $71 million last year. Burani said the purchase was made to "expand its presence in Europe and to improve its sales mix." The Burani group owns the Mila Schön and Stephen Fairchild brands and accessories firms Baldinini and Braccialini.
VANDEVELDE TO LAUNCH FUND: Luc Vandevelde, the chairman of Marks & Spencer who piloted the successful turnaround of the U.K. clothing, supermarket and home goods chain, plans to launch a private equity fund unconnected to the store. As of Jan. 1, Vandevelde will also become part-time chairman of M&S — as planned. Vandevelde stepped down as chief executive of M&S, and was succeeded by Roger Holmes. Vandevelde is starting the new fund with three partners, with an initial $470 investment from France’s Halley family. The fund will launch at the end of January, focusing on buyouts of small to midsized European firms in consumer industries.
NRF HIRE: The National Retail Federation has hired David Hogan 3rd as its senior vice president and chief information officer. Starting on Jan. 6, Hogan’s responsibilities will include managing the company’s external and internal technology needs, as well as leading its CIO Council.
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.
@beyonce chose a custom gown by @falgunishanepeacockindia for mother @mstinalawson 's second annual Wearable Art Gala last night. The gown, which took 10 days to make, was inspired by Nubian warrior queen Amanishakheto. Reporting by @hernameislex . #wwdeye 👑 🐝#beyonce
After dressing @justintimberlake for his Super Bowl halftime performance last month, @stellamccartney has designed the star’s "Man of the Woods" tour wardrobe. Timberlake will be wearing a mix of pieces from McCartney’s fall men's collection as well as custom designs and items from his own closet. #wwdfashion