WAL-MART’S APPEAL: Wal-Mart isn’t giving up on its bid to open an urban Supercenter near downtown Dallas. The world’s largest company was dealt a humbling setback on June 6 when the Dallas Plan Commission denied the $218 billion...
WAL-MART’S APPEAL: Wal-Mart isn’t giving up on its bid to open an urban Supercenter near downtown Dallas. The world’s largest company was dealt a humbling setback on June 6 when the Dallas Plan Commission denied the $218 billion retailer a zoning change required before the radical two-story Supercenter can be built near Love Field Airport in the trendy Oak Lawn neighborhood. On Tuesday, a Wal-Mart spokeswoman said the chain has appealed the commission’s ruling and plans to take the matter before the Dallas City Council for a deciding vote sometime this fall, though the date hasn’t been confirmed. Opposing neighborhood groupsare expected to be out in force at the meeting.
SPLITSVILLE: Shares of Chico’s FAS split 2-for-1 Tuesday, its second split this year. The Fort Myers, Fla.-based specialty chain, which caters to women over 35, announced June 27 its intent to split the stock. As a result of the stock split, the number of outstanding shares of common stock will increase to about 82.4 million from approximately 41.2 million. Chico’s split 3-for-2 on Jan. 18. Chico’s shares closed at $17.70, down 34 cents, or 1.9 percent, in New York Stock Exchange trading Tuesday.
THOUGHT FOR FIT: The Fashion Institute of Technology said it has received $588,732 worth of Microsoft software to be used in the School of Continuing and Professional Studies’ Enterprise Technology Center — the school’s department for entrepreneurial business. The software is designed to support e-commerce Web sites, among other uses. This is the second grant that FIT has received from Microsoft’s Working Connections program, which supports information technology programs at community colleges and was created in 1997 with the American Association of Community Colleges. In 2000, FIT got $275,000 to get the school’s Internet Business Strategies and Internet Business Design noncredit certificate programs off the ground.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)