HONORING OLEG: Oleg Cassini will take home the third annual gold medal for fashion from the National Arts Club on Oct. 6. The designer will pick up the award at a black-tie reception at the historic Gramercy Park institution from Lavelle Olexa, senior vice president of fashion merchandising at Lord & Taylor. Carolina Herrera was last year's recipient and the late Geoffrey Beene was the 2003 honoree. The 93-year-old Cassini, who was honored earlier this year by the Lotos Club with its award of distinction, continues to work a five-day week from his Upper East Side town house.
FINLAY FEELS THE PINCH: Shares of Finlay Enterprises plunged more than 15 percent Wednesday in Nasdaq trading, to $8.42 a share, after the leased fine jewelry operator said Wednesday it will cease running locations in 194 units of Federated Department Stores. The closures follow news of division realignment and store divestitures resulting from the merger with May Co. Finlay now will operate in 404 Federated doors. Finlay also expects to gain 11 doors, which are planned to generate $15 million in revenue. The revenue of the 194 stores lost to Finlay is $242 million, or 24 percent of the company's projected fiscal 2005 sales of $1 billion.
SWEAT FREE: A federation of university-based labor-rights groups kicked off a drive across 40 campuses Wednesday to improve the wages and working conditions of the apparel workers who make their college T-shirts and other apparel. United Students Against Sweatshops appealed to college administrators to require their apparel suppliers to use factories that pay a so-called livable wage and allow workers to unionize. The nonprofit Worker Rights Consortium would give factories that meet the criteria a "Sweatfree" designation. The consortium said apparel workers in the Guangdong province of China earn a minimum wage of $69.44 a month, well below the subsistence threshold of $116.13 for a family of three, and that dramatic wage increases would have a comparatively minor impact on wholesale prices.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@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)