In Brief: Home Run … Adler Leaves BG … Japan Quake …
HOME RUN: GUS plc, the retail and business services group that owns a majority stake in Burberry, has announced plans to sell its home shopping and home delivery division for approximately $968 million to March U.K. Limited, a newly incorporated...
HOME RUN: GUS plc, the retail and business services group that owns a majority stake in Burberry, has announced plans to sell its home shopping and home delivery division for approximately $968 million to March U.K. Limited, a newly incorporated company controlled by Sir David Barclay and Sir Frederick Barclay — the owners of Littlewoods Ltd., the British retail chain and home delivery business. The businesses that March U.K. will acquire include GUS’s U.K. home shopping catalog operation (which includes Kays, Great Universal, Choice and Innovations); its home shopping businesses in Ireland and Sweden; and the Additions brand and business in the U.K. GUS will receive about $738 million in cash on completion of the transactions and an additional, unconditional sum of about $230 million payable in May 2006.
ADLER LEAVES BG: Katherine Adler, Bergdorf Goodman’s vice president and divisional merchandise manager of fine and fashion jewelry, left the luxury retailer earlier this month, WWD has learned. Adler joined the specialty store in 1999 and is widely credited for spearheading the transformation of the main floor, doubling the fine jewelry real estate and bringing in some of the hottest names in jewelry such as Stephen Webster and Julie Baker. Adler was hired in 1999 despite having no experience in the classification. She had run an investment group headquartered in Beijing, and before that, held marketing posts at Avon and the Echo Design Group. Bergdorf’s has not yet named a replacement.
JAPAN QUAKE: More than 100 people were injured Monday, some seriously, from an earthquake that struck the northeastern region of Japan’s main island of Honshu. The quake destroyed a water purifying system at a Fujitsu, Ltd., semiconductor plant in Iwate with a workforce of 2,000, forcing the plant to halt operation. It was unknown at press time when the plant would resume operation. Otherwise there were no immediate reports of major damage to factories or stores in the quake-affected region. The epicenter of the earthquake, which registered six on the Japanese intensity scale of seven, was located 12.5 miles off the city of Kesennuma, Miyagi Prefecture, some 44 miles under the seabed, the Meteorological Agency said. The quake was felt as far away as Kobe. In Tokyo, people on higher floors of office buildings could severely feel a big sway. The quake disrupted railway services in the region, but they were restored Tuesday, according to the East Japan Railway Co. Airports were temporarily closed.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews