In Brief: VF’S Early Close … Uniform Behavior … Ripe for the Picking
VF’S EARLY CLOSE: VF Corp. said Tuesday that, with the waiting period under federal antitrust law in connection to its merger with Nautica Enterprises having expired on Aug. 15, it now expects to close on its $586 million deal nearly two...
VF’S EARLY CLOSE: VF Corp. said Tuesday that, with the waiting period under federal antitrust law in connection to its merger with Nautica Enterprises having expired on Aug. 15, it now expects to close on its $586 million deal nearly two months earlier than planned. It expects a done deal shortly after a vote by Nautica shareholders on Aug. 27. The requisite waiting period under similar federal law in connection with VF’s purchase of David Chu and Co. Inc.’s rights to receive 50 percent of the net royalty income from licensing the Nautica trademark is set to expire at 11:59 p.m. Thursday, according to VF.
UNIFORM BEHAVIOR: Ben Sherman will be on board when the Maritime Hotel bows in Chelsea at the end of the month. The hotel staff will be decked out in Sherman’s nautical-inspired powder blue uniforms, and employees at the Maritime’s Italian and sushi restaurants will wear slightly updated similar attire. Also on Sherman’s plate are sporty, sophisticated uniforms for the 70 people who work at Butter, including the busboys. Waitresses are donning his low-waisted stretch pants and gauzy shirts, and hostesses will go with similar tops paired with skirts. Sherman, which replaces Ted Baker as the restaurant’s official outfitter, isn’t the only new party at Butter. Alexandra Guarnaschelli has taken over as executive chef.
RIPE FOR THE PICKING: The U.K. store selling spree is showing no signs of abating. The latest retailer to show up on investors’ radar screens is House of Fraser. Sources in London say Terry Green, the former chief executive of Debenhams, is mulling a possible takeover bid for House of Fraser plc department store group. Green’s company, Scarlett Retail, is understood to have approached Scottish retail entrepreneur Tom Hunter about buying his 6.9 percent holding in the department store. Scarlett Retail owns the U.K. department store group, Allders, and is backed by the property group, Minerva. Sources say Green plans to use Hunter’s stake as a platform to launch an offer for the store. Minerva could not be reached for comment, while a spokesman for House of Fraser declined to comment. Allders and House of Fraser tried to merge twice before, but were unable to agree on a price.
“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
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
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