PRADA’S CAPSULE ROAD SHOW: While Prada chief Patrizio Bertelli has repeatedly said a Prada initial public offering was postponed indefinitely, he and his wife, Miuccia Prada, recently set out on a mini road show to present the company to...
PRADA’S CAPSULE ROAD SHOW: While Prada chief Patrizio Bertelli has repeatedly said a Prada initial public offering was postponed indefinitely, he and his wife, Miuccia Prada, recently set out on a mini road show to present the company to institutional investors in Milan and at Prada’s headquarters near the Tuscan town of Arezzo. Riccardo Stilli, chief financial officer of Prada, said Morgan Stanley — the original adviser for the IPO — organized the tour late last month, but declined to say which asset management groups were targeted. "It was just a way to introduce our company to future potential investors," Stilli said. "However, I really hesitate to set a date — 2003, 2004, 2005 — for an IPO. It completely depends on the market."
MATRIX HONOREES: Kate White, editor in chief of Cosmopolitan; Daisy Exposito-Ulla, chairwoman of Bravo Group; Jane Rosenthal, co-founder of Tribeca Films; Sheila Nevins, executive vice president of original programming, documentaries and family at HBO/Cinemax; Carolyn Reidy, president of Simon & Schuster Adult Publishing Group, and Maurie Perl, senior vice president of corporate communications at Condé Nast Publications, will receive New York Women in Communications Matrix Awards on April 28 at the Waldorf Astoria.
SPRINTING AHEAD: Fast-fashion phenomenon Hennes & Mauritz on Friday said sales rose 26 percent in October compared with the same period last year. H&M sales increased 18 percent in October 2001. The chain did not break down sales on a same-store basis. Meanwhile, the Swedish firm said it has signed leases to open its first store in Poland and first two in the Czech Republic. They are scheduled to bow next spring. H&M is planning to open additional units in both countries later in 2003.
Donatella Versace will receive the International Award at the 2018 @cfda awards, which were announced tonight. Tap link in bio for a list of all the nominees and honorees. #wwdnews #wwdfashion (📷: @rahirezvanistudio )
The 2018 @cfda Awards nominees are out! @virgilabloh for @off____white for is nominated for Womenswear Designer of the Year. Tap link in bio for all the nominees. #wwdnews #wwdfashion ( 📷: @simonelezzi)
@chanelofficial is suing high-end vintage retailer @whatgoesaroundnyc for trademark infringement, a move that could cost the retailer millions. The French fashion house claims that it’s not only unintentionally sold counterfeit goods on occasion, but that it’s “gone out of its way to create an association with Chanel,” which does not exist. Read Chanel’s statement on WWD.com #wwdnews (@aitorrosasphoto)
Exclusive: Guillaume Henry has left @ninaricci, the fashion house said on Thursday. “After three years of mutually gratifying creative collaboration, Nina Ricci and Guillaume Henry have together decided that the designer will depart the house after the presentation of the fall-winter 2018-19 collection,” Ricci said in a statement. Get all the details on WWD.com #wwdfashion (📷: @aitorrosasphoto)
“When Bella enters a room all heads turn,” said @peterphilipsmakeup, creative and image director for @diormakeup. Last night, the two celebrated the product launch of Dior’s Lacquer Plump in Los Angeles with other celebs like @parisjackson, @winnieharlow and more. Head to WWD.com to see the rest of the photos from the night (📷: @chelsealaurenla) #wwdeye
“These shirts are an art form, it’s about getting the message out to as many people as you can. It breaks down the pretentiousness of the art gallery,” says Kumasi Sadiki, cofounder of @ebayontheblock, a store that sells merchandise by New York artists who are shifting their attention to clothes as a wearable medium. Pictured here is a design by artist @joegarvey_, one of the first to spearhead this movement. Head to WWD.com to read @mistywhitesidell full story on how their designs have become merch for the underground elite #wwdfashion
@netaporter is dedicating a part of its website – called the Fine Jewelry and Watch Destination – to highlight its high-end jewelry. The hub will feature products on the site, as well as incorporate styling advice and educational content about high-priced jewelry items. Get more details on WWD.com. #wwdaccessories
For “The Cher Show,” an upcoming musical based on @cher’s life and career, @bobmackie is once again collaborating with the singer in designing the costumes. For decades, Mackie has designed glitzy stage costumes and red carpet looks for the 71-year-old Grammy winner. Pictured here is a sketch of some of the pieces in the wardrobe of the musical, which is set to debut in Chicago on June 12 before making its way to Broadway #wwdeye