COLUMBIA'S COUNTERFEIT SEIZURE: Columbia Sportswear Co. said Wednesday it has seized thousands of counterfeit products around the world in recent months, including apparel and accessories. A series of raids in China in July yielded about 80,000 counterfeit Columbia products and efforts in Vietnam have led to the closure of workshops making fake backpacks. In Australia, counterfeit apparel valued at more than $1 million has been seized, the company said. Tim Boyle, Columbia's president and chief executive officer, said the company has worked with enforcement agencies globally to eradicate counterfeiting. Other fashion and apparel companies such as The North Face, Coach and Burberry have also embarked on aggressive anticounterfeiting activities recently.
URBAN SPLIT: Urban Outfitters Inc. announced a two-for-one stock split on Wednesday, which will bring the company's total shares outstanding to 164.3 million once distributed on Sept. 23. The split will be distributed as a stock dividend of one share of common stock for each outstanding share. Richard A. Hayne, chairman and president of Urban Outfitters, said in a statement that the stock split "affirms our belief in the company's short- and long-term growth opportunities and reflects our confidence in our ability to deliver superior results." Shares of Urban Outfitters closed Wednesday's Nasdaq session up 1.5 percent at $57.60.
MOVING UP: David Yurman has promoted Carol Pennelli to executive vice president of sales and marketing. Pennelli has been with the company since 2002 as senior vice president of sales. She was previously senior vice president of Clinique. Pennelli will now head marketing and communications for all of Yurman's categories, including watches and jewelry.
“I was touched by the fact that she lost her father, really before his time, and it was a real shock. She had two young children, she was married and she was expecting that she would have her own life for a good 25 years,” said Claire Foy about playing a young Queen Elizabeth in Netflix’s The Crown. Styled by @mayteallende 📸@jgreenery #emmys2017 #wwdeyeu
“Truth and lies have become a real interesting theme, more than ever, lately,” Emmy nominee Laura Dern told WWD. "It’s a very interesting time to use our voice." Styled by @cristinaehrlich, 📸 @shayanhathaway #wwdeye #emmys2017
“It transcends the genre that is you think of a sci-fi show — you don’t expect it to be so profound or emotionally riveting,” Evan Rachel Wood told WWD of her Emmy nominated role in Westworld. styled by @samanthamcmillen_stylist 📸 @emmanmontalvan #emmys2017 #wwdeye