NEW TITLES AT BERGDORF: Bergdorf Goodman has promoted four of its staffers. Susan Palumbo, who was previously divisional merchandise manager of footwear, adds the title of vice president. David Asher, the dmm of fourth floor better apparel, will now...
NEW TITLES AT BERGDORF: Bergdorf Goodman has promoted four of its staffers. Susan Palumbo, who was previously divisional merchandise manager of footwear, adds the title of vice president. David Asher, the dmm of fourth floor better apparel, will now add sixth-floor sportswear to his responsibilities. Deborah Soss was named dmm of second-floor better apparel, lingerie, and third-floor American designer collections. She was previously the associate dmm of those categories. Finally, Tracy Margolies was promoted to associate dmm "on five" from senior buyer.
PRICEY ART: L’Oréal USA has acquired Artec Systems Group, a Port Washington, N.Y.-based hair care company. Terms were not disclosed. Founded in 1990 by Leland Hirsch and Michael Mazzei, Artec makes and markets hair care and hair color products for salons, including the Textureline, Purehair, Kiwi, Enamels and Spaline brands. Artec, which last year generated $38 million in sales, joins L’Oréal USA, a $3 billion company, which makes the Redken, Matrix and L’Oréal Professionnel salonbrands. L’Oréal USA is a wholly owned subsidiary of the $12 billion beauty giant L’Oréal Group.
BUCKS FOR BURANI: Mariella Burani has a new investor. Banca Popolare di Lodi has bought a 2 percent stake in the company as a "financial operation," according to a spokesman for the regional bank based in northern Italy. Mariella Burani, which went public in 2000, owns Mila Schön and produces Stephen Fairchild’s line through a 50-50 joint venture. Fairchild, meanwhile, has hired New York-based agent Enrico Libanito to spearhead distribution in the U.S., marking the first time that collection will be sold in America.
TSA’S NEW AUTHORITY: The Sports Authority said Tuesday that James Tener, executive vice president and chief operating officer, left the company to pursue other interests. Marty Hanaka, chairman and chief executive officer; Elliott Kerbis, president, and George Mihalko, vice chairman will share operational oversight, while the sporting goods and apparel chain conduct a search for a successor.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion