ACTIVE PURCHASES: In a move to strengthen control over global brands, Adidas said Wednesday it has repurchased the distribution rights for the Reebok brand in Russia, Ukraine, Kazakhstan, Belarus, Uzbekistan, Armenia and Azerbaijan from ZAO RBK-Retail, Reebok's Russian distributor. Adidas Ltd. Moscow will become the exclusive distributor of Reebok products effective Jan. 1. ZAO RBK-Retail will act as the key account for the Adidas Group. Adidas plans to buy out Reebok distributors and joint ventures around the world as part of its integration strategy for the recently acquired group. The acquisitions are expected to amount to at least 200 million euros, or $256 million in revenue, by 2009. The Herzogenaurach, Germany-based group said the repurchase of distributors in Russia and China offer the greatest revenue growth opportunities.
WANG GOES SILVER: Vera Wang Group and Waterford Wedgwood USA announced a license agreement that will extend the Vera Wang brand into silver. The license will include all sterling silver, silver plate, flatware and gift items. The agreement expands on existing licenses that Wedgwood had for Vera Wang dinnerware, stemware, barware and gifts that date from 2002. Prior to this agreement, the licensing rights for Vera Wang silver and gifts were held by Syratech Corp., which was recently sold to Lifetime Brands. "Vera Wang's four-year partnership with Wedgwood has resulted in a strong and successful tabletop business here in the United States. "By adding silver and gifts to the Wedgwood license, we will create a seamless creative vision for Vera Wang tabletop and a stronger presence in our retail stores," said Laura Lee Miller, president, Vera Wang Licensing LLC, a division of Vera Wang Group, in a statement.
HIGH SCHOOL FASHION: New York's High School of Fashion Industries is prepping to celebrate it's 80th anniversary with a reception honoring Mark Mendelson, chief merchandising officer of Jones Apparel Group, who will receive the "Designing the Future" Distinguished Mentor Award for consistently donating his time to help the school. The reception will be followed by a student fashion show. The event, on May 17, will begin with a cocktail hour at 5:30 p.m. It will take place at the high school, at 225 West 24th Street in Manhattan. Tickets are $80 each and serve as a donation to the school.
A room full of toiles at the haute couture atelier in the Dior exhibition at Les Arts Décoratifs, open in Paris since July 5. This is just one of three major exhibitions that have been timed to coincide with the house's 70th anniversary. See the rest of the exhibits, plus read WWD's look into the iconic brand's history. Link in bio. #wwdfashion (📷: @dominiquemaitre)
For spring, Pamplemousse's Danica Zheng presented her signature slip dresses attached to a white T-shirt along with floral windbreakers, off-the-shoulder cotton blouses and more. For more highlights from the New York trade shows, go to WWD.com. #wwdfashion
The Green Carpet Fashion Awards closed out Milan Fashion Week yesterday. The fashion industry flocked to the event, showing its efforts to support and spread the message of sustainability. Supermodel Gisele Bündchen said "if each one of us took at least one step is this direction, there is no saying how much could be done." #wwdeye #wwdfashion #mfw (📷: Lodovico Colli di Felizzano)
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)