NEW YORK — Nordstrom Inc. has promoted Jim Bromley to president of its catalog and Internet division.Additionally, the unit, formerly known as Nordstrom.com, will be renamed Nordstrom Direct on Aug. 2, when it becomes a wholly owned subsidiary of the firm with responsibility for management of its e-commerce site, Nordstrom.com, and its two direct mail catalogs, Lifestyle and Nordstrom Delivered.Bromley, who had been executive vice president and chief financial officer of the unit, succeeds Ray Johnson. As reported, Johnson had served as Nordstrom.com’s interim president and chief executive since last month when Dan Nordstrom resigned as its CEO and Mike Smith relinquished its presidency. Johnson, former co-chairman of the firm, will now resume his retirement.Bromley, 38, joined Nordstrom in 2000 following finance and investment banking experience at firms including McDonald Investments, Din Rauscher and Credit Suisse First Boston. He reports to Blake Nordstrom, president of Nordstrom Inc.The Seattle-based retail firm bought out Nordstrom.com’s minority shareholders, Benchmark Capital and Madrona Investments, in May, putting it directly under Nordstrom’s control. Nordstrom plans a $55 million to $65 million charge to earnings to cover the purchase of the minority stake. Some of this amount will be reflected in a restatement of first-quarter earnings while the remainder will be charged against the current second 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