In Brief: Court Date … Heading West … Pacsun President To Retire
COURT DATE: Francois Pinault is expected to travel to Los Angeles July 12 for the next round of negotiations in the ongoing Executive Life case. Last month, U.S. District Court judge Howard Matz urged Pinault and the California...
COURT DATE: Francois Pinault is expected to travel to Los Angeles July 12 for the next round of negotiations in the ongoing Executive Life case. Last month, U.S. District Court judge Howard Matz urged Pinault and the California insurance commissioner to reach a negotiated accord after a jury ruled that Pinault's family-owned holding company, Artemis, conspired to defraud insurance regulators when it acquired Executive Life's junk bond portfolio, reaping huge profits. Meanwhile, the jury cleared Pinault personally of any wrongdoing. Attempts by the two parties to settle on a penalty sum failed earlier this month.
HEADING WEST: Mango, Spain's cheap-chic fashion chain, is set to open its first U.S. store by the end of November in the Los Angeles area, a spokesman confirmed this week. Spanning 8,600 square feet, the two-level location is slated for Santa Monica's shop-heavy Third Street Promenade. According to Barcelona headquarters, the store logo and brand will be marketed as MNG in the U.S. Los Angeles was chosen as the U.S. "point of entry" because of "its huge potential as a market and its proximity to neighboring countries such as Mexico, where Mango has been present for more than 10 years," according to a company statement. For 2004, Mango sales climbed 5.3 percent to 1.05 billion euros (or $1.31 billion at current exchange), 73 percent from international markets.
PACSUN PRESIDENT TO RETIRE: Tim Harmon will retire July 1 as president and chief merchandising officer of Pacific Sunwear of California Inc. after almost 14 years with the company. "We appreciate the incredible job that Tim has done in helping grow Pacific Sunwear into one of the largest specialty retailers in the world," chief executive officer Seth Johnson said in a statement. Harmon's merchandising responsibilities will be assumed by the company's division presidents. In addition, Reenie Benziger has been named executive vice president of merchandising for the company's PacSun Division.
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)