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.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)