KATZ OUT, SPIRO IN: Neil Katz has resigned as president of Liz Claiborne Cosmetics. He will be replaced by Art Spiro, who is leaving his post as general manager of Guerlain. Spiro had been vice president of marketing at Liz Claiborne Cosmetics before...
KATZ OUT, SPIRO IN: Neil Katz has resigned as president of Liz Claiborne Cosmetics. He will be replaced by Art Spiro, who is leaving his post as general manager of Guerlain. Spiro had been vice president of marketing at Liz Claiborne Cosmetics before joining Guerlain last December. According to Guerlain executives, Spiro will remain at Guerlain through the end of 2002. A successor to Spiro has not yet been named by Guerlain; Camille McDonald, president and chief executive officer of Parfums Givenchy, Guerlain and American Designer Fragrances, to whom Spiro reported, will handle Spiro’s duties in the interim.
SAKS EXEC MOVES: The Saks Support Group of Saks Inc. has reorganized top management to succeed Dave Baker, executive vice president of operations and logistics, and Jack Miller, senior vice president of store planning, construction, maintenance and energy. They retire on Jan. 31. Assuming Baker’s role are Mike Rodgers and Dan Dasinger. Rodgers is senior vice president of credit and will be promoted to executive vice president of operations, e-business and credit. Dasinger is vice president of logistics, and will be promoted to senior vice president of logistics. Also, Don Docken has joined the company as senior vice president of store planning, construction, facilities and energy. He will assume Miller’s responsibilities. All will be based in Jackson, Miss., reporting to Jim Coggin, president and chief administrative officer of Saks Inc.
GREENBACKS FOR KMART: Kmart Corp. is seeking bankruptcy court approval on a deal in which the IRS agreed to pay the chain a net tax refund of at least $6.5 million by Nov. 27. The agreement resolves claims the government has against Kmart for corporate income taxes in the year ended January 1999 and for excise taxes for the periods ended on or before Dec. 31, 1998. The IRS determined the refund amount by offsetting claims against Kmart against the amounts it owed Kmart for overpayments. Also, the amount to be paid to Kmart by the IRS could rise by up to $1.5 million, depending on terms to which the parties can further agree on interest for some of the overpayments and underpayments.
Separately, bankruptcy court records indicate that at least five former executives received subpoenas from Kmart as part of the retailer’s internal investigation of its former stewardship. Those filing certificates of service with the court are David Montoya, John Owen, Hector Dominguez and Leo Anguiano, while William Wulfers has filed an objection to some of questions over use of a corporate jet, reimbursements, and whether he had outside contacts with anyone working at Wal-Mart Stores or with Wayne Hood, an analyst at Prudential Securities who first raised the possibility of a Kmart bankruptcy.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)