SUIT DISMISSED: American Apparel, the Los Angeles T-shirt manufacturer with $250 million in annual sales, said a federal judge in Chicago dismissed one of the three sexual harassment lawsuits filed against the company. The lawsuit was filed by a former store manager who alleged there was a hostile work environment decorated with Penthouse magazine covers. American Apparel also said the judge ordered no payment to the plaintiff. American Apparel has been balancing notoriety from the lawsuits and its sexually charged marketing campaign with plans to grow and encourage domestic manufacturing. In addition to the manufacturing operations, it operates more than 80 branded stores in the U.S. and foreign markets, including Japan and France. The other lawsuits were filed in May in Los Angeles Superior Court against the company and its president and chief executive officer, Dov Charney.
TIMBERLAND PURCHASE: The Timberland Co. said it is acquiring the SmartWool Corp., a maker of outdoor-based merino wool socks, for $82 million. SmartWool, founded in 1994 by New England ski instructors who saw the need for performance-based hosiery products, will continue to be based in Steamboat Springs, Colo., and run by president Chip Coe. The company had 2005 revenues of about $42 million and is sold in more than 2,000 doors in the U.S., Canada, Europe and Asia.
BY THE SEA: Global seaborne trade is expected to expand at a rate of 4.3 percent in 2005, about the same as last year, a report by a United Nations agency predicted. In 2004, seaborne trade reached 6.76 billion tons, with Asia accounting for 38.4 percent of goods shipped, mainly due to brisk growth in eastbound Asia-U.S. container volume. Hong Kong remained the world's top container port last year with a 5.3 percent increase in traffic to 21.9 million 20-foot-equivalent units, followed by Singapore, which posted an 11.9 percent increase to 20.6 million TEUs. Shanghai was ranked third with an increase of 28.2 percent to 14.5 million TEUs, followed by Shenzhen, China, with a 27.5 percent hike to reach 13.6 million TEUs. In 2004, global container port traffic increased by 9.6 percent to 303.1 million TEUs.
IF THE SHOE FITS: In honor of Salvatore Ferragamo's store opening in Athens, the company will hold an exhibition of its famous shoes from films, starting today. Styles on display in the new store include the "Audrey," a flat mary jane style made for Audrey Hepburn, the "Pull-over" ankle boot, worn by Sophia Loren circa 1955, and the rainbow suede platform sandal made for Judy Garland in 1938. The exhibition will be on view until Nov. 30.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)