In Brief: Rolex Departure … Spiegel’s Dwindling Options … Want Freedom Fries with That? …
ROLEX DEPARTURE: Martha Nype Webster has left Rolex Watch USA, sources told WWD. Company executives could not be reached for comment. Webster spent 19 years at W magazine, rising to vice president and corporate publisher for fine jewelry and watches...
ROLEX DEPARTURE: Martha Nype Webster has left Rolex Watch USA, sources told WWD. Company executives could not be reached for comment. Webster spent 19 years at W magazine, rising to vice president and corporate publisher for fine jewelry and watches before moving to Rolex as director of communications in 2001, where she oversaw all advertising, marketing and public relations in the U.S. Webster, who is married to Roberto Coin’s U.S. president, Peter Webster, could not be reached for comment at press time.
SPIEGEL’S DWINDLING OPTIONS:Distressed catalog marketer Spiegel Group said Tuesday it expects to file for Chapter 11 bankruptcy protection "in the near future," unless it is able to quickly find alternative sources of financing. Spiegel made the acknowledgement in connection with its disclosure that, because of a payout, or early amortization, an event triggered by its inability to meet certain minimum-performance criteria on several asset-backed notes, monthly excess cash flow will be diverted to repay principal to investors of certain of its securitized transactions that underlie its credit card business. As reported, Spiegel’s special-purpose bank subsidiary First Consumers National Bank on March 7 discontinued charging privileges on all of its MasterCard and Visa accounts. FCNB also has discontinued reimbursing Eddie Bauer, Spiegel Catalog and Newport News for charges made with the private label credit cards it issued to the Spiegel-related firms.
WANT FREEDOM FRIES WITH THAT?: Anti-French grumblings among Capitol Hill conservatives continues. On Tuesday, Rep. Bob Ney (R., Ohio) ordered three House office building cafeterias to change their menus to read "freedom fries" and "freedom toast" instead of french fries and french toast. Ney called his edict symbolic, "to show the strong displeasure of many on Capitol Hill with the actions of our so-called ally, France." However, such pronouncements don’t appear to be gaining traction. Bush administration officials continue to proclaim France its friend, despite the country’s opposition at the United Nations to a U.S.-led war with Iraq.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty