Speedo has formed a new strategic alliance in Japan with Mitsui & Co. Ltd. The London-based sports and swimwear company has granted the master license for Speedo to the Japanese company in a deal beginning June 1.
LONDON — Speedo has formed a new strategic alliance in Japan with Mitsui & Co. Ltd. The London-based sports and swimwear company has granted the master license for Speedo to the Japanese company in a deal beginning June 1.
Mitsui, one of the largest enterprises in Japan with revenues in excess of $120 billion, will manage all licensing activity and will coordinate all marketing efforts in the Japanese market.
Speedo said in a statement that, as part of the deal, Goldwin Inc. has been granted the exclusive licensing and distribution rights for the core Speedo product categories of swimwear, apparel and equipment.
Goldwin is a major Japanese manufacturer of sportswear and equipment, working with brands under its own trademarks as well as licensed trademarks. It currently operates in excess of 100 retail stores in Japan.
Speedo's current licensee in Japan is Mizuno Corp. Mizuno is focusing on the development of its own brand, and by mutual agreement, Mizuno and Speedo have decided to terminate their relationship, the statement said.
The licensing relationship between Speedo and Mizuno goes back 40 years, and the statement said the split was amicable. The two companies will part ways as of May 31.
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