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.
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)