In Brief: Reilly Joins Ecko … Gucci Green … Barnowske Moves Up …
REILLY JOINS ECKO: James P. Reilly has joined Marc Ecko Enterprises as chief financial officer. He succeeds Dick Thrush, who was promoted to executive vice president, strategic development, and to whom Reilly reports. Most recently,...
REILLY JOINS ECKO: James P. Reilly has joined Marc Ecko Enterprises as chief financial officer. He succeeds Dick Thrush, who was promoted to executive vice president, strategic development, and to whom Reilly reports. Most recently, Reilly was vice president and controller of Tommy Hilfiger Corp., where he worked for 10 years. Prior to that, he spent eight years with Ernst & Young. At Marc Ecko Enterprises, Reilly is responsible for the company’s worldwide finance and accounting functions.
GUCCI GREEN: Gucci Group N.V. said that it will pay 4.24 euros, or $5.52 at current exchange rates, per Gucci share over the next few weeks. Nearly all the 450 million euros, or $585.99 million, of the capital payout will go into PPR’s coffers, since PPR owns more than 99.4 percent of Gucci. A PPR spokeswoman said the payout, which was approved by shareholders last December, is part of PPR's longstanding policy to optimize cash management by having subsidiaries with excess cash transfer it to the group level. Gucci said it will pay Dutch shareholders on Feb. 28 and will shortly thereafter make payments to U.S. shareholders in dollars. Gucci’s minority shareholders hold approximately 0.6 percent of the company’s capital.
BARNOWSKE MOVES UP: Robert Barnowske has been promoted to the post of vice president of design at Vera Wang. A nine-year company veteran, he was most recently design director. Barnowske reports to Vera Wang, chief executive officer and president.
GEOX EXPANDS: Italian-based footwear company Geox USA is expanding its presence in New York with a bi-level, 6,300-square-foot flagship at 575 Madison Avenue, at 57th Street. The company expects to move into its new space, which is a former Bank of New York branch, within six months. Geox also operates stores in suburban Long Island and New Jersey.
NYLON RISING: Citing the high costs of raw materials, energy and transportation, Honeywell Nylon will increase the price of all its nylon textile products by 5 percent to 10 percent, effective March 14. Based in Charlotte, N.C., and with facilities in the U.S., Canada and China, the firm produces nylon fibers used in activewear.
Yesterday, the Parisian fashion house @azzaro_official cut the ribbon on a temeporary retrospective at the wing of the Musée des Arts Décoratifs in Paris. The exhibition, which shows the lasting influence of the brand’s founder Loris Azzaro, is titled “Azzaro, Fifty Sparkling Years” and presents 50 looks. In it’s ’70s heyday, fans of the brand included Jane Birkin, pictured here, Raquel Welch, Brigitte Bardot and more. See more photos on WWD.com #wwdfashion
@trinaturk and @macys Inc International Concepts line are linking up on a collection for summer — filled with accessories, swimwear and shoes. The collection will also include a Mr Turk men’s line, both of which are the designer’s first entry into a more accessibly priced area. “It’s very world-traveler, gypset-inspired,” said Turk. The Trina Turk x INC line will launch on May 15th. #wwdfashion
Assouline is paying homage to the late Azzedine Alaïa with a reprint of "Alaïa Livre de Collection.” The book is comprised of photographs of the designer's summer 1992 runway show with models Christy Turlington Burns, Naomi Campbell and Tyra Banks, pictured here at right. #wwdfashion #alaia #tyrabanks
Fall 2018 accessories take on a painterly hue, with Nebulas Blue among Pantone’s top 10 colors of the season. (📸: @jonghyupstudio ; editor: @twallz21 ; stylist and set designer: @haideefindlaylevin ) #wwdaccessories
@americanapparelusa is relaunching the brand outside of the U.S. today, opening its online store to more than 200 countries. The company is also contemplating a return to brick-and-mortar, though details have not been confirmed. In tandem with the expanded distribution is a recasting of a social media ad campagn, called “Back to Basics,” pictured here, with a focus on diversity and a cast of models above the age of 21. Read more on WWD.com #wwdnews #wwdfashion
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge