NEW COATS OF PAINT: Coats PLC has put its fashion unit, which includes Jaeger and Viyella, up for sale and is planning to focus on its core business in thread for apparel, footwear and industrial use. The decision follows an attempt to revamp Jaeger...
NEW COATS OF PAINT: Coats PLC has put its fashion unit, which includes Jaeger and Viyella, up for sale and is planning to focus on its core business in thread for apparel, footwear and industrial use. The decision follows an attempt to revamp Jaeger last year. A company spokeswoman said Jaeger had problems with sizing and style for the spring 2002 season. Those issues have been resolved for fall 2002, she said, and no suspension of the collection is contemplated in anticipation of a sale, in which Coats’ fashion brands could be sold together or separately.
CONCORD’S NEW PRESIDENT: Fred Reffsin has been named president of watch firm Concord. In recent months, Reffsin consulted Concord, a division of Movado Group Inc. In this post, he will direct the brand’s worldwide sales and marketing and report to Efraim Grinberg, president and chief executive officer of Movado Group. Previously, Reffsin was ceo of Camdens Inc., and president of Montblanc and Tag Heuer in the U.S.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)