NEW YORK — As a college student, Kay Krill didn’t think much about retailing or fashion, except maybe for her tennis whites.
“I thought I was going to be a tennis player,” Krill, the president and chief executive officer of Ann Inc., told WWD. She was on her high school and college tennis teams, taught the sport, and majored in psychology and economics at Agnes Scott College in Atlanta. But during her senior semester, Macy’s came on campus to interview for its executive training program, and a light went on in her head.
“I had absolutely no intention of entering retailing but I found myself in that recruiting office. When I joined the executive training, the president of Macy’s, [the late] Herb Friedman, said, ‘If you don’t wake up every morning dying to come to work, then retailing and the fashion world is not for you.’ I quickly realized after a month or two that I loved retail.”
That was 1977. On Monday, Krill revealed another surprise — a commitment from Ann Inc. to endow a full-year scholarship annually and in perpetuity to a Fashion Institute of Technology student with a passion for women’s design. Krill was scheduled to unveil the scholarship Monday evening at the fund-raiser for the F.I.T. Foundation. Krill, along with longtime F.I.T. supporter George Kaufman, the chairman of the Kaufman Organization and Kaufman Studios, and W magazine editor in chief Stefano Tonchi, were the honorees at the event.
“I feel like this scholarship is absolutely in alignment with Ann Inc., as a purpose-led company that believes in investing in, and empowering, the next generation,” Krill said. “It all just hangs together. There is great talent coming out of F.I.T., not just in design, but in merchandising, marketing, communications and other areas. But it is getting harder and harder to find talent, so why not invest early on in students?”
Three years ago, Ann Inc. started an internship for college juniors and seniors in such disciplines as design, merchandising, communications and finance. “We got 5,000 applicants and can only take 33,” Krill said. “We hire most of these interns as they get out of college. It’s not an executive training program. We really don’t have one, but we have entry-level positions in each function, which is kind of what an executive-training program is about. It’s just not labeled as such. Every associate that starts here has to spend a week in the stores to really understand what the front lines are all about.”
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@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