HONORING CLASS OF ’02: Donna Karan will host a cocktail reception honoring the Council of Fashion Designers of America’s 23 new 2002 inductees. Stephen Burrows, Henry Duarte, Mossimo Giannulli, Lars Nilsson of Bill Blass, Charles Nolan of...
HONORING CLASS OF ’02: Donna Karan will host a cocktail reception honoring the Council of Fashion Designers of America’s 23 new 2002 inductees. Stephen Burrows, Henry Duarte, Mossimo Giannulli, Lars Nilsson of Bill Blass, Charles Nolan of Anne Klein and William Reid are among the latest American designers to be admitted into the organization. The event, the second of what is expected to be an annual tradition, is to be held the evening of Oct. 22 at the Manhattan studio once used by Karan’s late husband, Stephan Weiss.
GUILFORD TO EMERGE: Guilford Mills Corp. said it expects to emerge from Chapter 11 protection today, following a New York bankruptcy court’s approval of its reorganization plan last month. Guilford said in a statement that, upon its exit from bankruptcy, the firm’s 18.6 million outstanding shares will be canceled. Holders of those shares will receive one new share in the company for approximately every 35 shares of the stock they held. Guilford’s creditors will own 90 percent of the company upon its emergence, according to the plan of reorganization. Guilford said its old shares will be delisted from over-the-counter trading, but it expects its new shares to gain an over-the-counter listing.
OAKLEY’S NEW OFFICE: Oakley Inc. has formed an office of the chairman, made up of Oakley founder, chairman and chief executive officer Jim Jannard; chief operating officer Link Newcomb; president Colin Baden and executive vice president Tommy Rios. The office was created to entrust the executives to lead the company through "challenges of today’s difficult retail environment," according to Jannard, and to recognize their "vital" contribution to Oakley’s success. The Foothill Ranch, Calif.-based manufacturer produces sunglasses, footwear, apparel and accessories under the Oakley brand. As of June 30, 2002, trailing 12-month revenues were $459 million. Net income rose 10 percent in the same period to $45.5 million.
SANCTIONS AVERTED: The European Union formally decided Monday to put on hold plans to slap more than $300 million of trade sanctions on U.S. imports, including several apparel products. European foreign ministers in Brussels accepted a recommendation by the European Commission to not retaliate, at least for the time being, against the U.S. for imposing punitive tariffs on imported steel. The ministers cited the U.S. continuing to exempt several steel products from these tariffs as cause for backing off from what is one of several trade dustups the EU is having with the U.S.
@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)