- VALUE CITY STORES: Retail Ventures Inc. on Wednesday said its subsidiary Value City Department Stores has signed a definitive agreement to assign or sublease up to 24 locations to Burlington Coat Factory. The move is part of RVI's previously revealed review of strategic alternatives to generate value for shareholders. The 24 stores will continue to operate through the holiday season, but will close by the end of March 2008. RVI said the number of stores is subject to change, and proceeds from the assignment and sublease of the stores will be used to reduce Value City's debt.
- TARGET IS TARGETED: A federal district court judge in San Francisco on Tuesday gave class-action status to plaintiffs in a lawsuit filed against Target Corp. for not making its Web site accessible to vision-impaired people. The initial lawsuit was filed by the National Federation of the Blind, the National Federation of the Blind of California and Bruce Sexton. It alleged target.com lacks technological features that can read navigation links aloud, allowing a blind user of the site to navigate using a keyboard instead of a mouse. The complaint was originally filed in the Superior Court of California in February 2006, but was moved to the federal court in March 2006. Target could not be reached for comment.
- CLUB 21 GOES GREEN: As part of its 35th anniversary this year, Club 21 is putting a focus on the environment for its fund-raising and customer education efforts. The Christina Ong-owned luxury retail company is collaborating with Giorgio Armani, Donna Karan, Jil Sander, Marc Jacobs, Marni and Paul Smith for an online charity auction. The designers contributed 35 one-of-a-kind fashion pieces, which they signed to be auctioned off on eBay Oct. 18 to Nov. 4. The sale will benefit the Fashion for the Environment initiative, which is devoted to environmental causes, and proceeds will go to such charities as The Rainforest Foundation in the U.S., Fields in Trust in the U.K., Wildlife Warriors Worldwide in Australia and The Thailand Environment Foundation.
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