- 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.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews