URBAN'S BILLION: Urban Outfitters Inc. said Tuesday that it surpassed the $1 billion mark in total sales for the year ended Jan. 31. In a preliminary sales report, the retailer's total sales for the fourth quarter jumped 27 percent to $319 million from $252 million in the prior period, while sales for the year soared 32 percent to $1.1 billion from $828 million in the prior year. Urban said total comparable-store sales for the quarter showed an 8 percent gain. Comps at Urban Outfitters, Free People and Anthropologie showed gains of 13, 21 and 2 percent, respectively. "We are very pleased to report another record-breaking quarter, which pushed sales for the year above the billion-dollar mark for the first time," said Richard A. Hayne, chairman and president. "In addition, response to our spring offerings is strong across all three brands, with the Free People businesses leading the gains."NEIMARK'S NEW GIG: Ira Neimark, best known for his stewardship of Bergdorf Goodman from 1975 to 1992 as chairman and chief executive officer, has joined Seiden Krieger Associates, an executive search firm, as a retail adviser. He will help Seiden Krieger identify and evaluate prospective candidates for the firm's clients in retailing, fashion, apparel and textiles. Neimark is also a director at Hermès and the Fashion Institute of Technology Foundation. He formerly served as an adviser to Mitsukoshi in Tokyo and was an adjunct professor of retail marketing at Columbia Business School, as well.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim