In Brief: A Site and a Settlement … Abridged Battle … Street Talking …
A SITE AND A SETTLEMENT:
Without admitting or denying guilt, Guess Inc. has settled a Federal Trade Commission charge over false claims regarding the security of consumers’ personal information on its Web site. The FTC action arose...
Without admitting or denying guilt, Guess Inc. has settled a Federal Trade Commission charge over false claims regarding the security of consumers’ personal information on its Web site. The FTC action arose after a hacker entering the Guess Web site in February 2002 was able to view credit card information that the firm said was encrypted. In a statement, the firm said, “We cooperated fully with the FTC’s review. No consumers were harmed in the single incident in which a hacker entered our site more than a year ago. Since that time, we have upgraded our site to best ensure the security of our consumers’ personal information. Going forward, we will continue to monitor and upgrade our site in order to safeguard the privacy of our consumers.”
Dissident shareholders seeking to replace current Nautica Enterprises Inc. directors have reduced to two from three the directors they seek to elect and the incumbent directors they’re looking to unseat. Barington Companies will solicit proxies to elect William Fox and James Mitarotonda and to unseat John Varvatos and Charles Scherer at the firm’s annual meeting in New York July 8. However, according to a Securities and Exchange Commission form filed Wednesday, Barington no longer seeks to elect former Macy’s West chief Michael Steinberg or unseat incumbent director Steven Tishman. “We believe this is consistent with the company’s recently announced goal to have two new independent directors,” said Barington in the filing. The Barington group wants to enhance Nautica’s shareholder value.
Rocawear, the New York-based streetwear company run by Damon Dash and Jay-Z, has appointed Naomi Katz to the position of executive vice president of global communications. She joins the company from Giorgio Armani, where she was vice president of advertising for five years. At Rocawear, Katz oversees marketing, advertising, public relations and special projects. She reports to Dash and Ron DeMichael, chief financial officer, and replaces the former vice president of marketing, Dana Hill, who left the company last month.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@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)