NO LV EYE DEAL: Luxottica chairman Leonardo Del Vecchio denied speculation that his company is negotiating an eyewear licensing agreement with LVMH Moët Hennessy Louis Vuitton for Louis Vuitton eyewear. "Signing a contract with Louis Vuitton is...
NO LV EYE DEAL: Luxottica chairman Leonardo Del Vecchio denied speculation that his company is negotiating an eyewear licensing agreement with LVMH Moët Hennessy Louis Vuitton for Louis Vuitton eyewear. "Signing a contract with Louis Vuitton is not part of our plans," Del Vecchio said. He added that Luxottica will have news of a fresh licensing deal soon but declined to name the contenders or specify whether they are Italian or foreign. Luxottica is trying to compensate for losing its Giorgio Armani license, which accounts for 7.2 percent of its revenue, which was $3.05 billion in 2001, putting Armani sales at $225.3 million.
A KIND OF HUSH: Detroit bankruptcy court judge Susan Pierson Sonderby on Thursday granted Kmart Corp.’s request for a protective order to keep confidential the depositions the retailer has taken in the course of its review of past management practices. Kmart had previously obtained court approval of confidentiality agreements between the company, its three creditors committees, the Securities and Exchange Commission and the U.S. Attorney’s Office in Detroit. Kmart reportedly is on track to complete its review by year’s end, although the other probes by the SEC and U.S. Attorney’s Office are expected to take more time. The retailer has said that it might take legal action against certain former employees.
LACK OF COURREGES: Paul Deneve has left the house of Courrèges as managing director. There are no immediate plans to replace him, according to a spokeswoman for the house. In a move that puzzled retailers, Coqueline Courrèges, who runs the offbeat house founded by her husband, Andre, abruptly announced this fall that she would stop wholesaling to multibrand stores. She said she was fed up with that way of doing business. Deneve had been instrumental in relaunching the brand.
@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