BURBERRY SETS THE DATE: Burberry will kick off its road show on June 24 and present its prospectus during a news conference in London. Burberry chief executive Rose Marie Bravo and Mike Metcalf, the company's chief operating officer and chief...
BURBERRY SETS THE DATE: Burberry will kick off its road show on June 24 and present its prospectus during a news conference in London. Burberry chief executive Rose Marie Bravo and Mike Metcalf, the company's chief operating officer and chief financial officer, are both expected to be present at the briefing. Trading is due to begin in mid-July.ACCOUNTING FOR MAY: May Department Stores Co. promoted J. Per Brodin to vice president, corporate accounting and reporting. He reports to Lonny Jay, senior vice president, planning and reporting, and succeeds Michael Culhane, who's been named vice president and controller of the Filene's unit. Brodin joined the firm in March as director, corporate accounting and reporting, and brought with him 12 years of experience with a public accounting firm.FINELL RETURNS: Saks Fifth Avenue, seeking to elevate the styling of its private labels, is bringing back Connie Finell as vice president and divisional merchandise manager. Finell spent 15 years with Saks and was a top buyer for such categories as couture, designer sportswear and accessories. After Saks, she joined Mitchells of Westport as vice president and general merchandise manager, where she was instrumental in building up Mitchells' women's business. She left Mitchells in 2000, after four years on the job. Back at Saks, Finell will supervise eveningwear and coats, the private brands called SFA Collection and Real Clothes, and will report to Bill Lynch, senior vice president and general merchandise manager. Finell succeeds Daphne Pappas, who left in December. Pappas also had contemporary, but that's being covered by Lynch.CATEGORICAL IMPERATIVE: While it's long been known that successful e-tailers spur twice as much purchasing offline than on their Web sites, it's a significant shift that finds apparel has risen to become the category benefiting second-most-often from the effect. A survey of Net users, taken in March and released Tuesday by management consultant Retail Forward, found 23 percent of cybershoppers visiting apparel sites subsequently went to the e-tailers' stores to shop for items they saw online. This wastrumped only by the 38 percent who did so after shopping the Web for electronics. Putting the Internet's influence in perspective, however, the survey further found 36 percent had never researched goods online and then shopped for them at the e-tailers' traditional store.
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
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion