In Brief: NYC Seeks Wal-Mart Documents… Rossi On Melrose
New York City Comptroller William Thompson Jr. wants Wal-Mart to make public internal records regarding the retailer's alleged investigation of shareholders and other activist groups who submitted shareholder proposals to the company.
NYC SEEKS WAL-MART DOCUMENTS: New York City Comptroller William Thompson Jr. wants Wal-Mart to make public internal records regarding the retailer's alleged investigation of shareholders and other activist groups who submitted shareholder proposals to the company. The controversy started in the spring when a Wal-Mart internal memo surfaced speculating about whether the comptroller and the others posed a threat. Wal-Mart has admitted that a company technician conducted unauthorized electronic surveillance of a New York Times reporter. In a letter, Thompson called "any attempts by Wal-Mart or its management to discourage shareholders' free and uncoerced exercise of their voting rights would constitute mismanagement, waste and/or illegality." Wal-Mart has said an internal inquiry showed no evidence of any illegal surveillance. Thompson's office controls about $400 million in Wal-Mart stock through government pension funds.
ROSSI ON MELROSE: Sergio Rossi is trading its Rodeo Drive store in Beverly Hills for a space on Melrose Place in Los Angeles. The 1,500-square-foot Melrose Place location is scheduled to open in fall after the Rodeo Drive store closes in July. Sergio Rossi, owned by the Gucci Group, joins Lambertson Truex, Mulberry and Colette on the growing list of accessories brands that have passed on Beverly Hills in favor of Melrose Place. "It is one of the most dynamic and chic retail neighborhoods in the U.S.," said Edmundo Castillo, creative director of Sergio Rossi, in a statement. The store move comes as Didier Bronnin settles into the role of Sergio Rossi's chief executive officer, which he assumed on June 18 following the departure of Isabelle Guichot, who became ceo of Balenciaga in May. Including Rodeo Drive, Sergio Rossi currently has five stores across the country and one outlet.
@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)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)