OAKLEY BOARD: Sunglass specialist Oakley Inc. said Frits van Paasschen, president and chief executive officer of Coors Brewing Co., joined its board. Before working at Coors, van Paasschen was a corporate vice president at Nike Inc. and general manager of the company's Europe, Middle East and Africa markets. He also held executive positions in Walt Disney Co.'s consumer products business. Oakley, based in Foothill Ranch, Calif., said van Paasschen's experience with consumer brands and overseas markets will help it to grow its business, which has been expanding from sunglasses to apparel and other new categories. CALL TO CUT JEWELRY TARIFFS: The U.S., Japan, Hong Kong, Taiwan, Singapore and Thailand have proposed in the Doha global trade talks that countries scrap all tariffs in the multibillion-dollar gems and jewelry sector. The proponents argue the removal of tariffs "will stimulate higher demand in most markets," and estimate the sector's aggregate trade grew by 9 percent in 2003 to $261 billion, up from $239 billion in 2000. Products proposed to have duties removed include pearls, diamonds, precious stones, synthetic stones, silver, gold, platinum, fine and costume jewelry and imitation coins. The group circulated the proposal in Geneva last week at a session of the nonagricultural market access segment of the Doha talks.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)