BARNEYS’ TRUNK SHOW: Barneys New York is hosting a special trunk show, but this time around, none of the goods are for sale. Goyard, the upscale French luggage and accessories firm, shipped several vintage trunks to the store, which are currently being displayed on the specialty store’s main floor. It’s said that vintage Goyard trunks are even more difficult to find than those by Louis Vuitton. Barneys, inside its main Madison Avenue entrance, boasts two Forties custom trunks from the Duchess of Windsor collection; one from around 1926 designed for Bugatti cars; master pianist Arthur Rubinstein’s partitions cases, and the traveling desk of Sir Arthur Conan Doyle, on which he’s said to have penned the Sherlock Holmes novels. The trunks will be on display for two weeks. “When we put the Duchess of Windsor’s cases on display, they were the chicest, snottiest things we ever had in the store, and our customers almost started curtsying,” said Simon Doonan, creative director. “The patina reeks of history and scandal.”
WATCHING PRADA: Prada will launch a limited-edition watch line with Richemont-owned Swiss watchmaker IWC, confirming reports in these columns. A Prada spokeswoman said the watch line, which will be limited to 2,000 units, was created to mark the America’s Cup 2003. Prada chief Patrizio Bertelli will hold a news conference in Milan Thursday, upon his return from New Zealand, where he has been following the first round of the Cup’s races with his boat Luna Rossa. Georges Kern, chief executive of IWC, will also be at the news conference.
A SMALLER SHARE OF KELLWOOD: Citigroup Inc. slashed its stake in Kellwood Co. to 0.4 percent, down from 6.2 percent in June, according to a Schedule 13G filed with the Securities and Exchange Commission. The bank’s holdings in the St. Louis-based manufacturer dropped to 94,000 shares from 1.6 million shares over the period.
CASH FOR KMART: Cash-strapped Kmart Corp. last week sought Chicago bankruptcy court approval for the sale of its Internet Service Provider Bluelight.com to United Online Inc. Under the terms of the agreement, United will pay Kmart $8.4 million for the assets of Bluelight.com’s ISP and e-mail service. The purchase price is subject to adjustments. Kmart announced the offer last month, but didn’t disclose the terms of the sale. A court hearing is scheduled for Oct. 30.
This story first appeared in the October 15, 2002 issue of WWD. Subscribe Today.
Editor’s Note: Although the stock market was open on Monday, prices were not received by press time. Financial charts for the week ending Oct. 11 appear on page 20.