CALMING CUSTOMS CONCERNS: Bush administration officials on Wednesday sought to assure importers that the war on terrorism won’t put a crimp in U.S. Customs processing imports. Companies, including textile and apparel importers, are concerned...
CALMING CUSTOMS CONCERNS: Bush administration officials on Wednesday sought to assure importers that the war on terrorism won’t put a crimp in U.S. Customs processing imports. Companies, including textile and apparel importers, are concerned that when the U.S. Customs Service, as proposed by President Bush, is folded into a new Department of Homeland Security, trade issues will be overshadowed by Customs’ border-security mission. "Enhancing border security and facilitating commerce must be the dual mission," homeland security adviser Tom Ridge told business officials gathered at the White House. Congress is now debating the security plan and will put its imprimatur on the proposal.
FERRAGAMO, ZEGNA IN DEAL: In an effort to grow its footwear and leather goods business, Ermenegildo Zegna has formed a joint venture with Salvatore Ferragamo. The new entity, ZeFer, is controlled equally by both family-owned companies and is expected to generate about $47 million (converted from euros at current exchange rates) at retail within the first three years. ZeFer’s management will be drawn independently from both companies. A Zegna spokesman said ZeFer’s future chief executive will come from within Zegna, but he declined to offer a name. Ferragamo will handle production of the collection, which is set to bow for fall 2003 and will be in Zegna stores and a few other retailers.
MASS APPEAL: Consumer Reports, in its first survey on mass merchants, reveals what its 31,000 participants had to say about shopping at them. Overall, in terms of quality, value and problems, Sears came out on top with a score of 77, Costco and Target were on its heels with scores of 76. But ratings on apparel didn’t fare so well. Less than 20 percent of surveyed shoppers considered the quality of clothes at Target, Wal-Mart and Kmart excellent. At Sears and Sam’s Club it was 20 to 30 percent; while Costco won with 30 to 40 percent. The survey is published in CR’s July issue.
Breaking News: @louisvuitton's men's artistic director @mrkimjones is leaving the French fashion house after nearly 7 years. Jones joined Louis Vuitton in 2011, following a three year tenure as creative director of British luxury goods brand Alfred Dunhill. Jones is to exit Louis Vuitton after showing his fall 2018 collection for the brand in Paris on Thursday. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
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