SHIFT AT WAL-MART?: A week after naming John Fleming as chief merchant, Wal-Mart might be about to further shake up its top U.S. management team. Advertising Age said Tuesday that it obtained an internal memo suggesting that Eduardo Castro-Wright, president and chief executive officer of Wal-Mart U.S. and formerly ceo of Wal-Mart de Mexico, might be shifted to an international role. C. Douglas McMillon, now ceo of Sam's Club, would take the top operational role at Wal-Mart U.S. McMillon, 40, has a merchant's background and has overseen a period of improved same-store sales at Sam's Club. The published report also suggested that Pat Curran, now executive vice president of store operations, could become ceo of Sam's Club. The company did not return a call seeking comment. Wal-Mart is holding its annual meeting of all its store managers and senior executives in Kansas City, Mo.YOOX EYES IPO: Italian retailer Yoox plans to go public next year, joining the ranks of other fashion IPO candidates Prada and Salvatore Ferragamo. Yoox has been mulling an initial offering for a few years, but the timing wasn't finalized. A spokeswoman said the firm hadn't decided which stock exchange it would choose for its listing. Yoox, which operates in 55 countries, sells a vast range of designer brands such as Giorgio Armani, Diesel, Jil Sander, Prada, Comme des Garçons and Marc Jacobs. Last year, it teamed with Marni to help the fashion house open its first online store. Yoox has yet to release 2006 figures, but sales in 2005 rose 47 percent, at constant exchange rates, to 53 million euros, or $63 million.RALPH TO RUSSIA: Ralph Lauren Corp. disclosed more details on Tuesday about its two Moscow flagship openings this spring, which were first reported in WWD in October. The 8,000-square-foot flagship at 1 Tretyakovsky Passage will be housed in an historic building with features such as a brick facade, honed French limestone and vaulted and molded ceilings. The unit, which offers women's and men's wear, also boasts an iron and glass elevator and a French limestone staircase. Its first and second floors offer a mix of women's lines, with a focus on the designer's Collection, Black Label, Blue Label and accessories. The second, 6,000-square-foot store will open in the Barvikha Luxury Village, in an area that was once the hunting grounds of tsars and located about 30 minutes from central Moscow. The store resembles a ski lodge in its feel, and its assortment will focus on women's Black Label, Polo for men and RLX for both.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim