A FEW TOO MANY: Too Inc. said Wednesday that a preliminary injunction has been issued by a federal district court in Ohio against The TJX Cos., barring the off-pricer from selling 31 styles of alleged Limited Too brand apparel. The lawsuit was filed...
A FEW TOO MANY: Too Inc. said Wednesday that a preliminary injunction has been issued by a federal district court in Ohio against The TJX Cos., barring the off-pricer from selling 31 styles of alleged Limited Too brand apparel. The lawsuit was filed earlier this year by Too charging that certain styles of apparel sold by T.J. Maxx and Marshalls were either unauthorized or counterfeit. Too said that it would suffer "irreparable harm" from TJX Cos.’ continued sales of unauthorized Limited Too apparel.SAKS’ STOCK SURGE: Investors rewarded Saks Inc. for its stronger-than-expected results, reported Tuesday after the market closed, with a market-beating rally Wednesday. Shares of the firm swelled $1.41, or 15.8 percent, to close at $10.31 on the New York Stock Exchange. By contrast, the Standard & Poor’s Retail Index inched up 4.27 points, or 1.4 percent, to end the day at 302.49. Over the last 52 weeks, Saks’ stock has traded as low as $4.60 and as high as $15.75. As reported, Saks narrowed its second-quarter losses to $20.4 million, or 14 cents a share, while Wall Street was looking for steeper losses of 18 cents. The department store operator also stood by its guidance for the back half and sees same-store sales in the low- to mid-single-digit range with expanding gross margins.MORE ITALIAN ZARAS: Inditex, parent of the hot Spanish chain Zara, and its Italian real estate partner Percassi are preparing to roll out three more Zara stores in the rich northern Italian towns of Monza, Turin and Bologna — further intruding onto Benetton’s home turf. Zara opened its first Italian store in April in Milan. The Monza and Turin stores will open this winter, but "we don’t know yet if it will be before Christmas or after Christmas," said a spokeswoman, adding that Bologna will open "definitely next year." She was not able to provide further information on store locations or investments, nor quantify sales at the bustling Milan store on Corso Vittorio Emanuele.
“I grew up in New York but I hadn’t really experienced the city in any type of touristy way…This was probably the first museum I really explored and took the time to see,” said @haileybaldwin of the @whitneymuseum. On Tuesday night, Baldwin was joined by Jemima Kirke and more at the annual Whitney Museum Gala and Studio Party, which honored Lorna Simpson, Joanne Leonhardt Cassullo and Beth Rudin DeWoody. See more photos on WWD.com. #wwdeye (📷: @lexieblacklock)
Displayed starting this week at the @fashiontextilemuseum: An exhibition on designer @orlakiely titled “Orla Kiely: A Life in Pattern,” which spans two decades and contains more than 150 pieces. “I want people to come away loving pattern and print. It’s something that makes you feel so good,” said the designer during a preview of the exhibit. Also on show are mood boards, samples, sketches and more. Head to WWD.com to see more photos. #wwdfashion
Exclusive: @dsquared2 signs fragrance licensing agreement with Euroitalia, with the first effort of the new partnership being unveiled in September. The brand will launch two scents – one for men and one for women – in Italy. Read our interview with designer Dean and Dan Caten on WWD.com. #wwdbeauty #wwdnews (📷: @zefashioninsider)
@louisvuitton has officially renewed Nicolas Ghesquière’s contract as artistic director of women's collections. "I am very pleased to open the next chapter of the story I started with Louis Vuitton almost 5 years ago," said Ghesquière, who first signed on to design the French luxury brand's women's line in 2013. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @giovanni_giannoni_photo)
“I learned then and there that I had to figure out a way in life to maintain and preserve my sense of pride when I felt good about what I did or what I represented or created,” said @saintrecords on how being bullied for wearing capri pants inspired her to be the artist she is today. Knowles was at the 70th Parsons Benefit last night where she outbid the room for a Dapper Dan customized @gucci experience. #wwdeye (📷: @lexieblacklock)
“There’s this amazing braintrust of people who know the whole universe so well. So we talked to them and they gave us more input,” said actor Alden Ehrenreich on playing the young Han Solo in “Solo: A Star Wars Story.” The cast was at NYC’s SVA Theatre last night for an advanced screening of the film, which hits theaters this week. #wwdeye #starwars #hansolo (📷: @aurorarosedecrosta)
@asaprocky spent nearly two hours in a Plexiglas box Sunday night at @sothebys putting himself through a series of “tests” to demonstrate the process of completing his new album called “Testing.” Get all the details and see all the pictures on WWD.com. #wwdeye
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion (📷: Dan Doperalski)