In Brief: Splits From Two … Emporio’s Southern Exposure
SPLITS FROM TWO: Bebe Stores Inc. and Delta Apparel Inc. each announced stock splits Thursday. Bebe’s board approved a three-for-two split, whereby each share of common stock will be converted into 1.5 shares at the close of...
SPLITS FROM TWO: Bebe Stores Inc. and Delta Apparel Inc. each announced stock splits Thursday. Bebe’s board approved a three-for-two split, whereby each share of common stock will be converted into 1.5 shares at the close of business May 23. New shares will be issued June 3, and after the split, Bebe will have 90.7 million shares outstanding. The company said it will increase its authorized number of shares of common stock to 135 million from 90 million at the time of the split. Shares of Bebe closed at $32.65, down 2.5 percent Thursday on the Nasdaq. Meanwhile, Delta Apparel’s board approved a two-for-one stock split, which will increase its outstanding shares to 8.4 million from 4.2 million. The split will take place on May 18 with new shares being issued on May 31. Authorized shares of the company’s common stock will increase to 15 million from 7.5 million. Shares of Delta Apparel ended at $30.45 Thursday, up 0.1 percent, in New York Stock Exchange trading.
EMPORIO’S SOUTHERN EXPOSURE: Emporio Armani opened its first Florida boutique Wednesday. Located in the Bal Harbour Shops in Bal Harbour, the store is about 2,500 square feet on one floor. Giorgio Armani designed the store in collaboration with New York-based architectural firm Janson Goldstein LLP, following the image of newly opened stores in Houston, Cannes and Forte dei Marmi, Italy. The floors and walls are made of beige tatami material that adds light and contrast to the chocolate brown wenge wood panels and displays. A large wall projection of the spring-summer Emporio Armani collections dominates the entrance. The boutique carries women’s and men’s wear, including underwear, eveningwear, sportswear, the A/J Armani Jeans collection, eyewear, watches, jewelry, footwear, accessories and gift items. Currently there are 133 Emporio Armani shops worldwide.
“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
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye