In Brief: Not Going … Puma Sells Shares … Kellwood’s New CIO
NOT GOING: Tom Ford and Domenico De Sole are focused on building the Tom Ford brand, at least for now. Contrary to press reports, the two are not working with Bally, the Swiss-based fashion and accessories brand owned by Texas Pacific...
NOT GOING: Tom Ford and Domenico De Sole are focused on building the Tom Ford brand, at least for now. Contrary to press reports, the two are not working with Bally, the Swiss-based fashion and accessories brand owned by Texas Pacific Group. "It's just not true,” a Bally spokesman told WWD on Tuesday. "Marco Franchini and De Sole are still in touch, and see one another, but it's nothing more than that.” Before joining Bally as chairman and chief executive in 2002, the Italian-born Franchini worked for Gucci Group. He has always said De Sole's approach to business and brand building is an inspiration. Last month De Sole and Ford announced the launch of the Tom Ford brand, starting with a Tom Ford for Estée Lauder collection and an eyewear license with Marcolin.
PUMA SELLS SHARES: Puma AG said Tuesday that German billionaire siblings Günter and Daniela Herz acquired a 16.9 percent stake in the company. Mayfair Vermögensverwaltungsgesellschaft mbH, an asset management company that manages the investments of the two Herz brothers, bought the stake in the Herzogenaurach, Germany-based sports company in several blocks on May 2. The acquisition makes Mayfair the only major shareholder in Puma, with the rest of the company's share capital in free float on the Frankfurt stock exchange. Mayfair declined to say if it plans to increase its stake. "We welcome Mayfair as a new shareholder and also welcome the investment in the company,” Puma chief executive officer Jochen Zeitz said in a statement. Puma has hinted it may make acquisitions part of its next phase of growth.
KELLWOOD'S NEW CIO: Kellwood Co. has appointed Michael Saunders as chief information officer, following the departure of Don Riley for carpet maker Mohawk Industries. Saunders is a veteran of soft-goods manufacturing, having previously held the cio post at stuffed-animal maker Russ Berrie & Co., Danskin, and women's wear firm Jenna Lane Group. "He has hands-on experience, he's young and aggressive, and we liked his chemistry to fit into the Kellwood DNA,” said Hal J. Upbin, chairman and chief executive officer. Saunders will oversee the company's ongoing initiatives, which include completing the roll-out of Kellwood's integrated business applications to all divisions and managing the company's relationship with outsourcer EDS. New projects could include data mining, Upbin added.
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)