CROSSING THE POND: Brooks Brothers on Tuesday said it has entered into a joint venture with Brightark Ltd. of London to create Brooks Brothers United Kingdom, a vehicle for opening stores in the U.K. and Ireland. Brooks Bros. U.K. plans to open several stores within the next five years. The first, a 3,200-square-foot unit, will open at the end of the month at Lion Plaza in London's financial district. The company said it's in negotiations to secure space for a flagship on Regent Street that would open in the spring.
CARR JOINS COACH: Janet A. Carr has been named vice president of consumer insights and strategic planning at Coach Inc. Carr had been with Gap Inc., where she held the same title and was responsible for focusing on business performance and consumer needs, as well as identifying practical strategies to increase business in Asia and Europe and strategically aligning all three Gap brands: Gap, Old Navy and Banana Republic. The position incorporates some of the responsibilities held by Kate Buggeln, who was senior vice president of strategic planning and new business development. Buggeln left the company about a year ago.
BILLION DOLLAR BUYBACK: TJX Cos. Inc.'s board approved a $1 billion stock buyback program. This means that about 10 percent of its outstanding shares will be authorized for repurchase. The authorization is in addition to the $97 million remaining in the company's existing $1 billion buyback authorization, which was approved in May 2004 and is expected to be completed in the fourth quarter. The company said in a written statement that it plans to repurchase $600 million of TJX stock in fiscal 2006. "This new authorization reflects our confidence in the successful growth of the company. Our core businesses and the off-price concept remain fundamentally strong, and we have substantial opportunities to deliver excellent overall performance," Bernard Cammarata, chairman and acting chief executive officer of TJX, said in the statement. Framingham, Mass.-based TJX said it spent $4.15 billion since 1997 buying back 283 million shares of stock.
HOTEL HONCHO: Serge Weinberg, the former PPR executive, has been named chairman of the supervisory board of Accor, the French hotel operator. Weinberg left PPR this spring when François-Henri Pinault took the top spot at the French retailer, which also controls Gucci Group. Weinberg then founded a venture capital firm, Weinberg Capital Partners, which he will continue to manage. Accor runs the Sofitel, Novotel and Mercure chains, among others.
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion
Eighty degree temperatures and outdoor installations at the annual Art Basel Miami Beach called for bright, elevated beachwear. See more street style pictures on WWD.com. #theyarewearing #ABMB (📷: @lifeinreverie)
Following September’s emotional tribute to her brother Gianni, Donatella Versace wanted to bring the spring show’s deep sense of intimacy to her @versace_official pre-fall collection. Donatella found inspiration in Versace Palazzo in Milan and from Gianni’s opulent apartment. Archival patterns and new motifs were splashed on silk shirtdresses and fitted jersey frocks. See the rest of the photos on WWD.com. #wwdfashion
Demna Gvasalia continues to shake up the Paris fashion calendar — and experiment with new runway timetables for his @vetements_official brand. WWD has learned that Vetements plans to stage its next coed show for the fall 2018 season on January 19 during Men’s Fashion Week in the French capital. Details about the timing and venue have not been confirmed — stay tuned on WWD.com to catch the latest. #wwdnews (📷: @giovanni_giannoni_photo)
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)