TIME FOR CHANGE: Nora McAniff, newly minted executive vice president of Time Inc., has shuffled her staff. Group president Ann Jackson, who is responsible for Real Simple, The Parenting Group and Time Inc.’s relationship with Essence, adds In...
TIME FOR CHANGE: Nora McAniff, newly minted executive vice president of Time Inc., has shuffled her staff. Group president Ann Jackson, who is responsible for Real Simple, The Parenting Group and Time Inc.’s relationship with Essence, adds In Style to her portfolio. Stephanie George, president of In Style, now reports to Jackson. George had reported to Ann Moore, who was namedchairman and chief executive of Time Inc. last month. Peter Bauer has been named president of People. He was the magazine’s publisher. Those duties were handled by McAniff, who had been president of the People Group. Jackson and Bauer report to McAniff.
ABOVE THE FRAY: Wal-Mart Stores will begin to expense options with the start of its next fiscal year on Feb. 1, 2003. Also on Wednesday, Wal-Mart chief executive Lee Scott and chief financial officer Thomas Schoewe signed sworn statements attesting to the accuracy of the firm’s financial statements ahead of the September deadline for companies with fiscal years ending Jan. 31. Polo Ralph Lauren Corp. Wednesday joined Sears Roebuck & Co., Burlington Industries, DuPont and Gap Inc., which, as reported, filed on Tuesday among fashion and retail firms complying with the SEC deadline. Liz Claiborne Inc., Kohl’s Corp. and VF Corp. filed on Wednesday, ahead of their required deadlines. None of the companies reported restated operating statements. Jones Apparel Group was also scheduled to file by Wednesday, but at press time it could not be confirmed if it had.
LEVI’S DOWNGRADE: Moody’s Investors Service downgraded its ratings Wednesday on seven issues of Levi Strauss & Co.’s debt, affecting approximately $2.1 billion in securities. The San Francisco-based owner of the Levi’s and Dockers brands had its senior implied rating reduced one place to B2 from B1 and its senior unsecured issuer rating demoted two places to Caa1 from B2. Both are considered speculative or "junk" status, as were the previous ratings. Levi’s overall negative rating was maintained.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty