UJA HONOREES: More than 200 industry apparel executives turned out for the UJA Federation Apparel Division's award gala at the Roosevelt Hotel in Manhattan during market week for two executives from the innerwear manufacturing and retail fields: Nancy...
UJA HONOREES: More than 200 industry apparel executives turned out for the UJA Federation Apparel Division's award gala at the Roosevelt Hotel in Manhattan during market week for two executives from the innerwear manufacturing and retail fields: Nancy Wade, divisional merchandise manager of the intimate apparel operation at Wal-Mart Stores, and Dov Lautman, chairman of Tel Aviv, Israel-based Delta Galil Industries. They were presented with Distinguished Service Awards for their contributions to the fashion apparel industry and community involvement.DELTA'S FIGURES: Softer North American sales coupled with special charges slashed Delta Galil Industries Inc.'s first-quarter revenues and bottom line.For the three months ended March 31, the Tel Aviv, Israel-based company reported a 36.8 percent drop in net earnings to $1.8 million, or 10 cents a diluted share. That compares with net income of $2.9 million, or 15 cents, a year ago. During the first quarter, the intimate apparel maker took one-time charges aggregating to $800,000, or 4 cents, related to the cancellation of a supplier contract, the shuttering of a Dominican sewing plant and other write-offs. Excluding the charges, the company would have posted first-quarter profits of $2.6 million, or 14 cents a share.Total revenues for the period fell 7.1 percent to $124.8 million from $134.3 million a year ago. North American sales, which account for 52 percent of Delta Galil's total, slumped 12 percent to $64.5 million compared with $73.5 million in last year's first quarter.Chief executive officer Arnon Tiberg attributed the lower sales to weak U.S. retail conditions, especially in the specialty and department store segments.Partially offsetting the North American revenue decline was a 5 percent increase in sales to the company's biggest customer, U.K. chain Marks & Spencer, which purchased $37.6 million of Delta Galil's wares in the quarter.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim