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.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.