ZALE TAPS MIHALKO: Zale Corp. said on Friday that George Mihalko, a former vice chairman, chief administrative officer and chief financial officer of The Sports Authority, was appointed acting chief administrative officer and chief financial officer. Mihalko replaces Mark Lenz as cfo. Lenz is on administrative leave in connection with recommendations by Zale's external auditors after an analysis of the company's financial reports for the fiscal year ended July 31, 2005. The company said that it is reviewing delays in certain vendor payments that were to have been made in July 2005, but weren't made until August 2005. While the delays are not believed to have affected earnings and revenues, they are thought to have increased cash flows from operating activities and free operating cash flow, Zale said. Zale Corp. is a specialty retailer of fine jewelry that operates an estimated 2,345 retail locations in the U.S., Puerto Rico and Canada.
GETTING HER KICKS: Though she hasn't owned a pair of sneakers since she was about 10 years old, Nanette Lepore is getting in on the sneaker game. The fashion designer will design a limited-edition spring collection for Keds that will launch at the WSA trade show in August. The collection consists of 12 to 15 styles, including a variation on the Keds Classic Champion sneaker, in colors and prints that Lepore will feature in her spring contemporary collection. Though they won't be available in select department stores and specialty boutiques until February, fans might get a glimpse during Lepore's spring 2007 runway show here in September, where she is considering having the models saunter down the runway in their Lepore-designed Keds.
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion