In Brief: Search Rights…Moody’s Textile Downgrades…Finish Lyon…Zwerner Joins Hilfiger
SEARCH RIGHTS: LVMH Moët Hennessy Louis Vuitton is still in a litigious mood. The French luxury firm, which has ongoing, high-profile lawsuits against investment bank Morgan Stanley and the author of an unauthorized Bernard Arnault...
SEARCH RIGHTS: LVMH Moët Hennessy Louis Vuitton is still in a litigious mood. The French luxury firm, which has ongoing, high-profile lawsuits against investment bank Morgan Stanley and the author of an unauthorized Bernard Arnault biography, has also sued Google for infringement on its Louis Vuitton trademark. LVMH declined all comment on the suit, which is believed to hinge on the way companies pay the online search engine to be associated with certain keywords, even if they are trademarks belonging to another firm. Vuitton is expected to present its case before a Paris court Monday. Two French travel firms recently won $89,000 in damages from Google’s French subsidiary for trademark violation. A Google spokeswoman said the company will appeal that decision, but declined to comment on the LVMH matter.
MOODY’S TEXTILE DOWNGRADES:
Debt-ratings agency Moody’s Investors Service on Monday lowered its rating on a pair of domestic textile mills, citing high debt levels and continued weak industry performance. Moody’s cut its senior implied rating on Dan River Inc. to “Caa2” from “B2,” and revised its outlook to negative from stable, citing the company’s recent lowering of its second-half sales projections and violation of a financial covenant. It also lowered its senior implied rating on Delta Woodside Industries to “B3” from “B2,” and changed its outlook to negative from stable. The agency said the move “reflects the deterioration of Delta’s revenues and operating margins.”
Glenn Lyon has been promoted to president of The Finish Line Inc., the 518-unit athletic footwear and apparel specialty chain based in Indianapolis. He retains the title of chief merchandising officer and assumes the title of president from Alan Cohen, chairman and chief executive officer, to whom he reports. Steven Schneider has been promoted to senior executive vice president and continues to serve as chief operating officer, now reporting to Lyon. Kevin Wampler has been promoted to executive vice president, succeeding Schneider as chief financial officer and continuing to report to him. Lyon joined Finish Line as executive vice president and chief merchandising officer two years ago following a year at the helm of Paul Harris Stores. Earlier in his career, he spent eight years with The TJX Cos., most recently as executive vice president of merchandising and marketing.
ZWERNER JOINS HILFIGER:
Allan Zwerner has joined Tommy Hilfiger Corp. as president of the children’s wear division. He starts next Monday. He takes over some of the duties previously handled by Michael Spillane, who will give up children’s wear to focus on his other role as president of men’s underwear. From April 1999 to June 2002, Zwerner had been president of licensing at Perry Ellis International. From 1998 to 1999 he was a senior vice president of J. Crew, and earlier spent 28 years at Federated Department Stores, rising to senior vice president of product development of men’s and children’s wear.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast