A LITTLE HELP: Fashion companies are asking the Italian government for a break in these trying economic times. Sistema Moda Italia, a consortium of more than 1,500 Italian textile and fashion firms, said its representatives met Monday with Industry...
A LITTLE HELP: Fashion companies are asking the Italian government for a break in these trying economic times. Sistema Moda Italia, a consortium of more than 1,500 Italian textile and fashion firms, said its representatives met Monday with Industry Minister Antonio Marzano and laid out a series of proposals, including tax breaks for small companies, coordinated promotion for Italian goods and a crackdown on counterfeit goods. SMI said the ministry has agreed to set up a committee to evaluate the requests and implement them accordingly.
DEADLINE EXTENSION: The Securities and Exchange Commission has been granted three additional months to file a claim against bankrupt Kmart Corp., should it choose to do so. The federal bankruptcy court handling the Kmart case gave the SEC until Oct. 29 to put forth a claim, versus the original July 31 deadline. The extension doesn’t preclude additional extensions from being requested or granted.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)