JONES INKS ESPRIT DEAL: Jones Apparel Group has signed a letter of intent for a licensing deal with the U.S. subsidiary of Esprit Holdings Ltd. for women's handbags, luggage, small leather goods and footwear. Jones will manufacture and distribute...
JONES INKS ESPRIT DEAL: Jones Apparel Group has signed a letter of intent for a licensing deal with the U.S. subsidiary of Esprit Holdings Ltd. for women's handbags, luggage, small leather goods and footwear. Jones will manufacture and distribute Esprit, Esprit Sport, Esprit de Corp. and EDC by Esprit products through its Nine West Group division. Esprit's U.S. subsidiary previously manufactured its accessories in-house. Esprit accessories will be distributed to department and specialty stores in the U.S. and Puerto Rico. The products will be launched for transition/early spring retailing.YSL BEAUTE KEEPS FENDI FRAGRANCE LICENSE: An arbitration panel in Rome has ruled that YSL Beaute, the beauty and fragrance division of Gucci Group, will be able to retain its Fendi fragrance license until October 2005, a Gucci spokesman said. Fendi Adele Srl had taken the case against Fendi Profumi, a division of YSL Beaute, to an arbitration court last year in an effort to win back the license. The three-member panel decided in Gucci Group's favor last month, the spokesman confirmed. Fendi fragrances have sales of approximately $14.3 million annually.NOTED TARGET: Fitch Ratings rated Target Corp.'s new $750 million debt issuance at "A" with a stable outlook. The notes, maturing in 2009, bear an interest rate of 5.375 percent. "Target's credit profile is expected to remain solid despite a continuing high level of capital expenditures to finance growth in square footage at the Target division," said Fitch analyst Philip Zahn in a statement. The Minneapolis-based retailer on Thursday also laid out plans for a 1.3 million-square-foot distribution center in Topeka, Kan., initially employing approximately 650 people.
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye
Did you know: @carlychaikin of "Mr. Robot" has been painting for about a decade? The actress, who plays Darlene on the show, is a self-taught artist who lists Salvador Dalí and Chuck Close as some of her idols. Chaikin told WWD that painting is a form of meditation for her — A much-needed one given the intensity of "Mr. Robot." See a piece Chaikin is working on at WWD.com (📷: @jilliansollazzo) #wwdeye