In Brief: Sears’ New Arena … More Pluses at Old Navy … New Retail Index …
SEARS’ NEW ARENA: Sears, Roebuck & Co. has decided on the name for a new arena in its hometown of Hoffman Estates, Ill.: the Sears Centre. The retailer is building the 11,000-seat, multipurpose arena with developer The Ryan...
SEARS’ NEW ARENA: Sears, Roebuck & Co. has decided on the name for a new arena in its hometown of Hoffman Estates, Ill.: the Sears Centre. The retailer is building the 11,000-seat, multipurpose arena with developer The Ryan Cos. in the Hoffman Estates’ Prairie Stone Business Park. The arena will often be devoted to hockey, with a new United Hockey League franchise team to be based at the Sears Centre beginning in 2006, but will also host theater productions, soccer and basketball games, concerts and conferences. The arena is expected to attract 750,000 visitors to more than 135 events annually, the retailer said.
MORE PLUSES AT OLD NAVY: Gap Inc.’s Old Navy division has expanded its women’s plus-size line to more than 150 domestic locations, in addition to being available online. Sizes 16 to 26 can be found in three-pocket blazers, three-quarter-length cardigans, cuffed denim capris and related accessories, the company said Monday. Old Navy first announced in mid-July that plus sizes would be available at 50 stores as well as on oldnavy.com. The apparel includes fabric details, such as stretch and side paneling, for comfort.
NEW RETAIL INDEX: Market News International on Monday launched a weekly retail sales index, which will track company statements from the U.S. retail sector and provide a reference index to measure week-to-week change. Its first week of comparison for a sample of 206 companies show same-store sales are up 3 percent compared with 2.3 percent in last week’s sample of 174. Market News International is a division of Xinhua Finance.
WET SEAL CLASS ACTIONS CONSOLIDATED: A California federal court consolidated several lawsuits seeking class-action status against The Wet Seal Inc. The Foothill Ranch, Calif-based company said it received the consolidated class-action complaint from the court-appointed lead plaintiffs. The suit accuses the company, former directors, and both former and current officers of “making material misstatements of fact or failing to disclose material facts,” relating to losses in the Wet Seal division. The suit has yet to be certified as a class action.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews