PVH TAKES AIM: Phillips-Van Heusen Corp. said Tuesday it signed a definitive agreement to acquire the Arrow brand, which it already produces under license, from Cluett American Group for about $70 million. The firm picked up the license for the...
PVH TAKES AIM: Phillips-Van Heusen Corp. said Tuesday it signed a definitive agreement to acquire the Arrow brand, which it already produces under license, from Cluett American Group for about $70 million. The firm picked up the license for the brand in July 2000 and produces men’s dress shirts and sportswear, while boys’ apparel is sublicensed. PVH’s chief financial officer Emanuel Chirico said licensed women’s sportswear under the brand is also sold in Europe and Asia and might be expanded. Annual revenues from the Arrow brand range from $160 million to $170 million. The deal is to close by the end of the year.
LICENSING JONES: Jones Apparel Group plans to license Nine West women’s luggage and travel accessories business to Olivet International Inc. It is produced by Jones’ Nine West Accessories division. The new luggage line will be introduced during the March accessories market and will hit stores next fall. The goods will be targeted to luggage specialty stores, retailers that carry Nine West footwear, accessories and apparel, as well as specialty stores with luggage departments. Additionally, Jones recently inked a license for Jones New York men’s dress shirts with Capital Mercury Apparel. The collection will be shown to retailers next fall.
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)