NEW YORK — Vera Wang is set to abandon the fine jewelry business even as gold, diamond and precious stone jewelry seem to be hot tickets this holiday season, industry sources said.Next month, Wang plans to end a partnership with Rosy Blue Fine, a subsidiary of the $1 billion Antwerp, Belgium-based diamond company Rosy Blue Inc., which produced the designer's fine jewelry collection, the sources said.Wang, one of the first American ready-to-wear designers to jump into the fine jewelry world, launched her collection in 2003, after houses like Chanel, Dior and Louis Vuitton, which have thriving fine jewelry businesses. She declined to comment.Wang was said to be focused on the creative direction of the jewelry, introducing unlikely materials, such as shagreen and titanium, into her pieces. The jewelry, which included engagement rings, Art Deco-inspired hanging earrings and cuff bracelets done in micro pavé, initially bowed in Bergdorf Goodman and select Neiman Marcus stores. The line has been in and out of several retailers, including select Saks Fifth Avenue doors, Bailey, Banks & Biddle and London Jewelers.Some experts said that, while the editorially acclaimed jewelry was made and designed well, it was too expensive and inaccessible. Prices range from about $300 to $200,000. In the spring, the firm introduced a sterling silver jewelry line for bridesmaids, which started at a lower price point.
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