In Brief: Tender Goes It … Coats Will Wait … Gardens Grow …
TENDER GOES IT: Adidas-Salomon announced Wednesday an offer to purchase the 20.8 percent of Salomon & Taylor Made Co. it doesn’t already own. The offer for shares in the maker of its secondary brands is expected to last 43 days....
TENDER GOES IT: Adidas-Salomon announced Wednesday an offer to purchase the 20.8 percent of Salomon & Taylor Made Co. it doesn’t already own. The offer for shares in the maker of its secondary brands is expected to last 43 days. Adidas-Salomon touted full ownership as a route to operational efficiency and Japanese expansion.
COATS WILL WAIT: BCBG Max Azria and its licensing partner Winlit Group Ltd. have postponed the launch of the BCBG Max Azria outerwear collection for women until fall 2005. Men’s will follow a season or two later. Originally slated to bow for women this fall, the line was delayed due to a late start in the companies’ creative schedules. The collection will offer furs, rainwear, leathers, luxury wools and active styles and is expected to wholesale from $110 to $440.
GARDENS GROW: Forbes Co. will begin renovating The Gardens of the Palm Beaches Mall in Palm Beach Gardens, Fla., this fall. The 1.4-million-square-foot mall opened in 1988, and is anchored by Saks Fifth Avenue, Macy’s, Bloomingdale’s and Sears, with about 160 special shops and restaurants. A 144,000-square-foot Nordstrom will open in spring 2006 in a portion of the 215,000-square-foot Burdine’s space. After closing this summer, most of the Burdine’s building will be demolished and rebuilt by Nordstrom. The remaining space will be used for around 12 mall stores that will open in February 2006. Macy’s will add 90,000 square feet of home furnishings and furniture to its current 215,000-square-foot store, which will be officially renamed Burdine’s-Macy’s and open in 2006. The existing Saks store will add around 35,000 square feet of space. The Nordstrom store will be its seventh Florida location and the third in Palm Beach County. A Nordstrom will also open in November at Dadeland Mall in Miami. Though not a part of the renovation, specialty store openings at The Gardens this May include Louis Vuitton, Tiffany & Co. and Tommy Bahama.
JONES SUES MAXWELL: Jones Apparel Group Inc. and MSC Acquisition Corp., an indirect wholly owned subsidiary of Jones, have filed a lawsuit in the Court of Chancery of the State of Delaware against the Maxwell Shoe Co. Inc. and its board of directors. The lawsuit charges that Maxwell and its board’s attempt to set a deadline of March 25, 2004, for any possible future solicitation of Maxwell’s stockholders by Jones or MSC is improper because the solicitation has yet to begin. The lawsuit charges the action is invalid under Delaware law, and violates Maxwell’s Certificate of Incorporation. As reported, Jones is trying to purchase Maxwell and has offered shareholders $20 a share.
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
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye