SAKS CHANGES: Continuing to downsize its corporate office in Birmingham, Ala., in the wake of sell-offs, Saks Inc. said three executive vice presidents — Douglas E. Coltharp, chief financial officer; Kevin G. Wills, finance and chief accounting officer, and Charles J. Hansen, general counsel — will resign on May 4. At that time, Michael G. Archbold will become executive vice president and chief financial officer, assuming responsibilities handled by Coltharp and Wills. Archbold is currently chief financial and administrative officer for Saks Fifth Avenue Enterprises. A search for Hansen’s replacement is under way. Saks Inc. recently sold Parisian and its Southern Department Store Group to Belk Inc. and its Northern Department Store Group, consisting of Carson Pirie Scott, to the Bon-Ton Stores Inc., to focus on Saks Fifth Avenue Enterprises. Corporate executive functions are being folded into the Saks offices in Manhattan.
ARMANI IPO A NO-GO: A Giorgio Armani SpA spokesman Monday denied an Italian press report suggesting the firm is preparing to list shares on the stock market. “Any meetings that we may be having with members of the financial community are simply part of our overall approach of providing information in an open and professional way to those who follow our sector as exemplified by the way in which we publish our annual report,” the spokesman said. The article, which ran in Monday’s Corriere Della Sera, said Armani has been in contact with both Morgan Stanley and Merrill Lynch regarding a stock market float. The paper cited unnamed sources valuing Armani between 3.5 billion euros, or $4.42 billion, and 5 billion euros, or $6.31 billion.
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