TREASURE ISLAND: London’s Sunday Times has published its annual rich list — with all its ups and downs. The Duke of Westminster, with his acres of property in central London, retains the top spot with a fortune valued at $7.79 billion. All...
TREASURE ISLAND: London’s Sunday Times has published its annual rich list — with all its ups and downs. The Duke of Westminster, with his acres of property in central London, retains the top spot with a fortune valued at $7.79 billion. All figures are calculated at current exchange rates. The self-made retail entrepreneur Philip Green, owner of Topshop and a slew of other High Street stores, rose to number six from 13, thanks to recent acquisitions and a net worth of $2.94 billion. Sir Paul McCartney also rose up the golden ladder, climbing to number 29 from 34, with a fortune of $1.21 billionbecause of increasing royalties and the success of the Beatles 1 album in 2001. Among those falling in the ranks isLawrence Stroll, who slid to 103 from 89 with a fortune estimated at $508.8 million, due, the Sunday Times said, to a lower valuation of the Asprey business. Stroll, however, is in good company. Even Queen Elizabeth slid to number 133 from 125 — with a fortune of $397.5 million. The paper attributed her slimmer bank account to her late mother’s overdraft, generous financial help for Prince and Princess Michael of Kent and a decrease in her investment portfolio.
NEW GC FOR KMART: Harold Lueken will join Kmart Corp. as senior vice president and general counsel, effective May 12. Lueken succeeds Michael Macik, who will be retiring. Lueken will be responsible for the Troy, Mich.-based discounter’s legal and human resources departments, and will report to chief executive officer Julian Day. Previously, Lueken served as managing director and general counsel of corporate investment banking at Banc of America Securities. Prior to that, he was principal and general counsel to real estate businesses at Morgan Stanley Dean Witter & Co. "Harold Lueken is an accomplished corporate attorney who is ideal to direct Kmart’s legal and human resources functions as the company emerges from Chapter 11," said Day in a statement.
@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)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia