SAG HARBOR'S NEW LEGS: Kellwood Co. has licensed Moretz Inc. to produce a legwear collection for its growing Sag Harbor division. Moretz, based in Newton, N.C., will design, produce and market Sag Harbor trouser, casual, sport and fashion socks. "The...
SAG HARBOR'S NEW LEGS: Kellwood Co. has licensed Moretz Inc. to produce a legwear collection for its growing Sag Harbor division. Moretz, based in Newton, N.C., will design, produce and market Sag Harbor trouser, casual, sport and fashion socks. "The legwear collection will be a great complement to our increasing efforts to strengthen our casual business," said Barbara McGraw, Sag Harbor's brand manager. The legwear line will be launched at department and specialty stores next spring.HALMODE NAMES MCCOURT: Kevin McCourt has joined Kellwood Co.'s Halmode Apparel division as vice president of finance. McCourt, a 14-year veteran of the apparel industry, most recently served as vice president of financial planning at Liz Claiborne Inc. He will be based in New York and will report to Jay Diamond, president and chief executive officer of Halmode. McCourt succeeds Neil Rothfeld.YSL SHOWDOWN: Workers from Yves Saint Laurent couture vow to be out in force Tuesday when a Paris court is slated to referee the showdown between them and Francois Pinault. The French retail titan demanded the hearing since the workers' committee at YSL has stymied his plan to sell the retiring couturier's atelier to French industrialist Patrice Bouygues. The committee, representing some 150 workers, issued a statement Friday to reiterate its objections. Bouygues said he wants to remake the YSL atelier on Avenue Marceau into a multibrand operation. The transfer is slated to take place July 31. Under French law, a workers' committee has to give its opinion on a takeover, even if it cannot ultimately block it.SO LONG, FAREWELL: The cold shoulder Dillard's Inc. has long given Wall Street lost the retailer the coverage of Prudential Financial last week. Equity analyst Wayne Hood said he would stop following the firm, "preferring to spend more of our time on companies with greater access to management." A company spokeswoman said Dillard's does not comment on specific analysts.SYMS STOCK BUYBACK: Believing its stock to be undervalued, Syms Corp. said Friday that it will repurchase an aggregate of up to 20 percent, or 3.2 million, of its outstanding common shares during the next 24 months until June 7, 2004. The company may buy back the stock at its discretion from time to time in open-market transactions at prevailing prices, or through privately negotiated transactions, depending upon market conditions and other factors. Shares repurchased by the company will be held as treasury stock. Commenting on the repurchase program, chief executive officer Marcy Syms said the buyback "demonstrates [Syms'] commitment to enhancing shareholder value." As of May 31, the company had approximately 15,782,000 outstanding common shares for a market capitalization of $92.5 million."
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews