TAUBMAN’S ROUND ONE: A federal court in Michigan granted Taubman Centers’ motion to dismiss a claim by hostile takeover suitor Simon Property Group that it is attempting to deny shareholders the power to call a special meeting. In an...
TAUBMAN’S ROUND ONE: A federal court in Michigan granted Taubman Centers’ motion to dismiss a claim by hostile takeover suitor Simon Property Group that it is attempting to deny shareholders the power to call a special meeting. In an amended filing with the Michigan court that is hearing the case, Indianapolis-based Simon last year alleged that Taubman was trying to block its then $1.5 billion bid by improperly changing the bylaws of the company. Simon, in a new joint venture with a subsidiary of Westfield America, has since upped the bid to $1.8 billion. The court, however, said Simon could proceed with another claim related to the anti-takeover law, a hearing for which will take place March 21.
TIMES HIRES KANTOR: The New York Times Wednesday named Jodi Kantor the editor of the Sunday paper’s Arts & Leisure section, reporting to culture editor Steve Erlanger. Kantor, currently an editor at the Web-zine Slate, emerged as a candidate only a few weeks ago, nudging aside more whispered names like former Harper’s Bazaar editor Kate Betts. Kantor, 27, has worked at Slate since dropping out of Harvard Law School in 1998, editing the site’s cultural coverage under editor in chief Jacob Weisberg. Kantor replaces acting editor William McDonald, who will become deputy culture editor reporting to Erlanger.
MORE FULL FRONTAL: The Full Frontal Fashion team is headed for Europe for the first time this season, where they will no doubt pontificate endlessly on the geniuses that are Miuccia and Nicholas. For 52 days, Metro Stories, the sister channel to MetroTV, will air the team of Christina Ha, Judy Licht and Robert Verdi, going from city to city covering the collections. The coverage will start in New York on Feb. 8. For the next week, the station will air fashion coverage round-the-clock, after which it will move to a 12-hour-a day schedule, from 9 a.m. to 9 p.m.
@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)