MCNABB BACK TO FACTORY 2-U: Factory 2-U Stores Inc. has brought Mary McNabb out of retirement to serve again as executive vice president of merchandising. McNabb, 53, formerly executive vice president of merchandising and marketing for Factory 2-U,...
MCNABB BACK TO FACTORY 2-U: Factory 2-U Stores Inc. has brought Mary McNabb out of retirement to serve again as executive vice president of merchandising. McNabb, 53, formerly executive vice president of merchandising and marketing for Factory 2-U, succeeds Mary Kwan, who left last May for family reasons, according to the retailer. As reported, the 257-unit off-price chain is seeking a replacement for Michael Searles, president and chief executive. Searles in August said he would stay with the chain until a successor is found. The company has been struggling with poor results recently. It sells branded casual apparel for the family, as well as selected domestics and household merchandise.
AVON REASSERTS: Avon Products Inc. maintained its third-quarter earnings estimates of 47 cents a share, before a special charge of 10 to 20 cents for its business transformation initiatives. Sales in local currencies are slated for a double-digit uptick compared with a year ago, driven by improvements in unit volume and the number of active representatives. For the full year, the direct beauty merchant is looking for EPS of $2.30, before charges.
HDP SELLS AGAIN: Holding di Partecipazioni Industriali said its GFT Net unit has sold its Chinese subsidiary Tianjin Jin Tak to Ample Sino, an Italianfirm, for $375,000. The Chinese operationmade men’s wear for all of GFT Net’s divisions, and at one time held the license for Pierre Cardin men’s wear. HdP is selling off all its fashion and textile interests, and its main fashion assets at this point are Joseph Abboud and Fila. As reported Tuesday, VF Corp. and HdP are said to be in talks about Fila.
FATH FACTS: Celine Toledano has joined Jacques Fath as managing director, a new post. She reports to Mounir Moufarrigé, chief executive of Fath parent France Luxury Group, an upstart fashion conglomerate that also comprises Scherrer, Emannuelle Khanh and the shoe firm Harel. Previously, Toledano was head of the women’s collection at Nina Ricci. She has also worked at Céline and Karl Lagerfeld.
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye