KELLWOOD TAPS WEISSMAN: Richard Weissman has been named president of Miss Dorby, a moderate division of Kellwood Co. Weissman, who brings more than 17 years experience to his new role, will report to Richard Golden, chief executive officer of Miss...
KELLWOOD TAPS WEISSMAN: Richard Weissman has been named president of Miss Dorby, a moderate division of Kellwood Co. Weissman, who brings more than 17 years experience to his new role, will report to Richard Golden, chief executive officer of Miss Dorby, and replaces Kathy Kulik. Most recently, Weissman was president of the dress license for Perry Ellis at Kellwood. He started his new role last month and will be based in New York. Kulik left "to pursue other interests," according to a company spokeswoman.
ARCADIA CONFIRMATION: Arcadia Group PLC chairman Adam Broadbent has recommended that shareholders accept retail magnate Philip Green’s offer of $6.12 a share for the 80 percent of Arcadia Group PLC that Green doesn’t already own, which would value the entire enterprise at about $1.28 billion. The price is 41 percent above Arcadia’s average share price in the year ending Aug. 16, the day before speculation of a Green takeover of Arcadia surfaced, an amount that Broadbent said "represents an acceptable premium, and provides certainty of value today for Arcadia shareholders." Green has also agreed to pay out a dividend of 6 cents per share for the fiscal year ended Aug. 31. Dollar figures are translated from the pound at current exchange.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"