In Brief: Giannaccari Exits Bottega … Coach Fire … A & F Gets Diverse …
GIANNACCARI EXITS BOTTEGA: Gucci Group has lost another executive: company veteran Francesco Giannaccari. Sources said Giannaccari, chief financial officer of Bottega Veneta and one of the driving forces behind the brand, stepped down this...
GIANNACCARI EXITS BOTTEGA: Gucci Group has lost another executive: company veteran Francesco Giannaccari. Sources said Giannaccari, chief financial officer of Bottega Veneta and one of the driving forces behind the brand, stepped down this week. Gucci Group officials declined to comment Tuesday. Giannaccari was the first Gucci Group executive to join Bottega after the firm acquired the brand in 2001 and worked closely with Bottega creative director Tomas Maier. Giannaccari’s departure follows that of Gucci’s worldwide merchandising director, Tom Mendenhall, who left last month. Giacomo Santucci, former president and ceo of Gucci, saw his employment terminated in October.
COACH FIRE: Coach executives were evacuated briefly on Tuesday when a fire broke out in Coach headquarters at 516 West 34th Street. The likes of chief executive officer Lew Frankfort, president and executive creative director Reed Krakoff and chief financial officer Michael Devine crowded 33rd Street as firemen made their way to the sixth floor where the fire broke out in the 12-story building. The sixth floor is under construction and the small fire was caused when a spark flew astray while a welder was working on the building. Smoke filled the building’s seventh floor, which remained closed for the afternoon. However, Coach workers were able to return to the other floors shortly after the fire was put out.
A&F GETS DIVERSE: Abercrombie & Fitch Co. said it implemented several new diversity initiatives as part of a consent decree resolving all matters related to three diversity lawsuits. The initiatives include: a previously announced office of diversity; additional diversity training programs; improved internal complaint procedures; enhanced compliance processes; hiring a consultant to help the company develop protocol for recruitment and hiring, and an effort to hire more minority employees. Earlier this month, Abercrombie said it settled the three class-action lawsuits for $50 million, made up of a payment to the class as well as fees and expenses. The lawsuits alleged that Abercrombie discriminated against Latino, Asian-American and African-American applicants and workers. Abercrombie said in a Tuesday statement that in the consent decree the company denies engaging in any discriminatory practices. Philip Berkowitz, a partner with the law firm Nixon Peabody LLP, who specializes in discrimination and wrongful dismissal cases, said the steps Abercrombie is taking to improve its diversity program are normal now that the case has been settled.
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)