In Brief: Harrods Not For Sale … Wal-Mart Sub Sale OK … Chile on the Menu …
HARRODS NOT FOR SALE: Mohamed Al Fayed has asked The Guardian newspaper in London to apologize for printing a story saying that Philip Green, England’s mass market retail king, had made an offer to buy Harrods. Al Fayed denied that Green had...
HARRODS NOT FOR SALE: Mohamed Al Fayed has asked The Guardian newspaper in London to apologize for printing a story saying that Philip Green, England’s mass market retail king, had made an offer to buy Harrods. Al Fayed denied that Green had made an offer for the store, and that the only business discussion between the two men has been to discuss the sale of Harrods branded goods. “Al Fayed has no intention of selling Harrods,” said the store in a statement Thursday. Green has also denied the two parties are in talks. The rumor swept through the British press on Thursday. It was also the second time in a week that Al Fayed made headlines — as reported in these columns Tuesday, Harrods was given the go-ahead by the High Court in London to proceed with a libel action against Dow Jones for an article published in The Wall Street Journal related to an April Fool’s joke.
WAL-MART SUB SALE OK: The Federal Trade Commission on Wednesday gave Swift Transportation Co. antitrust clearance for its proposed acquisition of Merit Distribution Services, a division of Wal-Mart’s soon-to-be-sold McLane Co. subsidiary. As reported, Wal-Mart has signed an agreement to sell McLane and the Merit sub to Berkshire Hathaway Inc. for total consideration of about $1.5 billion. Merit is a long-haul trucking company that delivers goods to Wal-Mart’s grocery distribution centers and retail outlets throughout the U.S. Swift is among the largest publicly held U.S. trucking companies, and will purchase Merit for about $50 million.
CHILE ON THE MENU: The U.S. and Chile will finally sign a free-trade pact on June 6 in Miami, according to the U.S. Trade Representative’s office. The negotiations were completed last December, but the U.S. delayed signing the agreement when Chile failed to offer the support the U.S. needed in the United Nations for a war with Iraq, according to experts. Once the trade agreement is signed, it must be ratified by both the U.S. and Chilean legislatures.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty