TAKING A NEW LOOK: Texas Pacific Group has joined forces with Warburg Pincus to bid for the British fashion retailer New Look, a Topshop competitor with lower price points. A Texas Pacific spokesman confirmed Thursday the two private equity firms were working together, but declined further comment. Earlier this week, New Look launched a capsule collection by pop singer Lily Allen called Lily Loves London, and earlier this year it unveiled a collection by London designer Giles Deacon. The chain is currently owned by Apax and Permira, which took New Look private in 2004 and are now looking to exit. Other parties interested in New Look, which has a price tag of $4 billion, include Blackstone and CVC Capital Partners. On Thursday, an industry source said TPG believes New Look has a lot of potential for growth, but is not prepared to overpay or enter into a bidding war with competitors.
@deciem is all about transparency and approachability. At this year’s WWD Digital Beauty Forum, the brand's co-CEO @nicolakilner said talking to customers directly about the ingredients in products and how they work is key. #wwdsummits #wwdbeauty
‘We didn't know how relevant our film would be when we were making it. When Steven [Rogers] wrote the script Trump wasn't president, class divide in America wasn't as evident as it is now, though it was present. The Time’s Up movement hadn't began and the way we look at women and treat women who speak out — thankfully that is something that seems to have shifted in the last year. I think we just need to continue making art that provokes the conversation and do what we can,’ said ‘I, Tonya’ actress @margotrobbie. Head to WWD.com to see all the celebrities who walked the red carpet @bafta #timesup #wwdeye (📸: Neil Hall)
Gemma Arterton is joined on the @bafta’s red carpet by Eileen Pullen and Gwen Davis, the two women who started the fight for the pay-gap. ‘They represent a normal person speaking out for what is right. Speak out, we will listen and anyone can speak out,’ said Arterton. #eebaftas #timesup #wwdeye (📸: David Fisher)