In Brief: True Religion Outerwear… Anvil Restructures… Kenneth Cole Move
Seeking to move beyond premium denim into lifestyle apparel, Los Angeles' True Religion signed a worldwide licensing agreement with Pash Industries LLC to produce and sell outerwear for men, women and children.
TRUE RELIGION OUTERWEAR: Seeking to move beyond premium denim into lifestyle apparel, Los Angeles' True Religion signed a worldwide licensing agreement with Pash Industries LLC to produce and sell outerwear for men, women and children. New York-based Pash, which owns brands such as Ramosport US, French Coat and Tryst New York, will design and market leather clothing and outerwear made of shearling, down, wool, cotton twill, washed cotton and cotton canvas. Pash plans to begin shipping the line in July. The deal follows True Religion's announcement in November of its first-ever licensing deals with Italy's GMI Corp. for footwear, as well as with Bourbon, Mo.-based Paramount Apparel International Inc. for headwear, scarves and gloves.
ANVIL RESTRUCTURES: Apparel maker Anvil Holdings said Wednesday that it has completed a financial restructuring that will eliminate most of its debt and provide significant growth opportunities. The restructuring of its capital structure has removed $200 million in debt and preferred stock in exchange for new equity and warrants. The New York-based company plans to finalize all transactions involved in the restructuring by Feb. 5.
KENNETH COLE MOVE: Kenneth Cole Productions is giving Joshua Schulman, president of the Kenneth Cole New York brand, additional responsibilities for the management of the full-priced retail division. Schulman was hired in October.
"'Dynasty' is all about gowns, the diamonds and the scandal, so it's a bit like the fashion industry. When we come to Cannes it's all about the red carpet dresses too, so it all fit really well," said designer @philippplein78 on the theme of his high-glamour resort 2019 show at his mansion in Cannes. #wwdfashion #cannes (📷: @zefashioninsider)
"I think Spike is such a brilliant director because he holds up a mirror to society and reflects these issues, yet he doesn't shove it down your throat, he doesn't tell you what to think," says @lauraharrier on her latest film @Blackkklansman. Harrier was at the Cannes Film Festival – for the very first time – with @officialspikelee. #wwdeye #cannes (📷: @zefashioninsider)
“I would think to myself, Are you happy? Yes, I’m wildly happy. I go to this studio every day and, in my inside voices, I’m giggling; I’m singing. Yes, it’s a lot of work, it’s a [huge] volume of material. It wouldn’t be for everybody. But I was very happy,” said soap opera star @therealsusanlucci of checking in throughout the years with her career trajectory. Lucci spoke to WWD about her decades-long career, love for pilates, motherhood and her QVC activewear line. Read Bridget Foley’s full piece on Lucci on WWD.com #wwdfashion (📷: @celestesloman)
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"I always feel curious and I feel like there's more to learn. But I think being relevant, feeling relevant, I personally always feel that there's just so much more to know. And maybe that's the key.” — @themarcjacobs #wwdsummits #wwdbeauty (📷: @patrickmacleodphoto )
“The most amazing thing about her is that, regardless of all the things that have happened to her, her spirit is so undaunted by all of it. She is the most cheerful person you will ever meet. She doesn’t see problems, she only sees solutions,” said @ajanaomi_king of activist Ifrah Ahmed, who she plays in a new film “A Girl from Mogadishu.” WWD caught up with King at Cannes — Head to WWD.com to read more about her new role, personal style and how she uses social media for causes like Time’s Up and Black Lives Matter #wwdeye
WWD asked a number designers to share their thoughts on what Meghan Markle’s wedding gown will look like this Saturday. Here, Valentino’s Pierpaolo Piccioli sketches his look. #wwdfashion #royalwedding #meghanmarkle