FAST FORWARD: Swedish retailer Hennes & Mauritz on Tuesday said group sales rose 8 percent in September compared with the same period last year. H&M sales increased 34 percent in September 2001. The firm did not break down sales on a same-store...
FAST FORWARD: Swedish retailer Hennes & Mauritz on Tuesday said group sales rose 8 percent in September compared with the same period last year. H&M sales increased 34 percent in September 2001. The firm did not break down sales on a same-store basis.
FILA CFO: Fila has named Bruno Tufari as its new chief financial officer. Tufari replaces Enzio Bermani, who came out of retirement to serve as interim cfo at the end of June. Bermani will remain on the board. Prior to joining Fila, Tufari was vice president of finance and administration at technology firm Getronics Solutions Italia. As reported, Holding di Partecipazioni Industriali has been trying to sell money-losing Fila for more than a year. HdP has said it is talking to several prospective buyers including VF Corp.
WINDING DOWN FINANCING: Ames Department Stores Inc., which is liquidating its operations, on Tuesday received Manhattan bankruptcy court approval of $30 million of a new $100 million debtor-in-possession financing facility to help it finish winding down. Kimco Funding, which already provided the company with a $55 million term loan earlier in its Chapter 11 case, will provide the loan. Ames said the new financing will help pay real estate carrying costs and pay the amounts due under the original Kimco DIP loan. A hearing is set for Oct. 23 for the balance of the $100 million request.
Searle’s seventh: Searle plans to open on Oct. 23 its seventh retail location, a two-story unit at 156 Fifth Avenue in the FlatIron district here. Searle signed the lease last Friday, said David Lazar, director of retail for Searle. He said the location, formerly occupied by Country Road, is in excellent condition and does not need refurbishing to operate. Garrick-Aug retail real estate brokers, led by Faith Hope Consolo, vice chairman, and Joseph A. Aquino, managing director, arranged the leasing. The store, between 20th and 21st Streets, has 7,200 square feet for selling, and a total of 10,000 square feet. Searle’s other six locations are all in Manhattan.
MEDIA MOVES: The Hearst Corp. named Eve Burton, 43, as vice president and general counsel designate Tuesday. Burton most recently served in the same capacity at CNN from 2000-01. She succeeds Jonathan E. Thackeray, 66, who is retiring. Elsewhere, Amy Synnott has been promoted to beauty news director at In Style Magazine. Synnott has been senior beauty editor at In Style since June 2000. Also, Valerie Latona has been named beauty director of Self magazine. She succeeds Anne Breza, who is moving to California. Most recently, Latona was beauty director at Shape. She starts Oct. 28
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@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)