CJ Apparel Group chief executive officer Jeffry Levy is stepping down after helping to return the moderate Caribbean Joe brand to profitability in the two years since Hilco Consumer Capital LLC acquired the New York-based business.Levy helped broker the January 2007 deal, committing to lead the firm during the turnaround. He will remain until a successor is found, likely by the end of the year, said Jamie Salter, Hilco ceo. He said the company is already in talks with an unidentified candidate. “My intention was not to stay and run the company, but rather to broker the next deal,” Levy said.After departing, Levy will consult part time for Fashionology Group LLC and Brand Matter LLC, which Hilco formed with other investment groups to run Caribbean Joe and Ellen Tracy, helping scout potential acquisitions and fill leadership roles. This is similar to what Levy was doing for about a year before joining Caribbean Joe, when he headed Levy Merchandising Group, a New York apparel consulting firm. “Jeff is great at that — he helped us find Mark [Mendelson, president of Ellen Tracy],” said Salter, adding that he is in negotiations for a $50 million moderate sportswear brand. “I’m a value shopper, and this is when we do well.”Levy spent the bulk of his career at Kellwood Co., where he was president of two separate divisions, and worked at Jones Apparel Group Inc. for 13 years, including as president of the Rena Rowan division. During his almost two years at Caribbean Joe, Levy streamlined the business, turning it from a money-losing company doing about $200 million in wholesale volume to a business with about $120 million in sales that is “extremely profitable, even this year,” Salter said. The company closed much of its unprofitable private label business, cut almost 100 jobs to lower overhead, streamlined its sourcing, consolidated its back office, updated designs and raised its marketing spend.
La Double J made a name for itself with its vintage-inspired prints, but for resort, designer JJ Martin has ventured into new territory: enter rich jewel toned solids and decadent embellishment, in the form of appliqués, crystals and sequins. #wwdfashion #resort19 #ladoublej
This Just In: J. Crew Group has named Johanna Uurasjarvi as its chief design officer.
Uurasjarvi succeeds Somsack Sikhounmuong, who left the company last September. Tap the link in bio for the full report. #wwdnews
“She came into my hotel room and she was like, ‘I have Chanel and Christian Dior.’ She was like, ‘Chanel likes you.’ And I was like, ‘I’m going to start crying,’” breakout star Maddie Hasson tells WWD of her styling sessions Molly Dickson. “I really like classic, elegant things. I love the way Anna Wintour dresses.” Read more about Hasson’s role in @impulseseries on wwd.com. (📸: @jgreenery ) #wwdeye
@virgilabloh revealed he's working with Australian stylist and
Vogue Australia fashion director @christinecentenera for his debut @louisvuitton men's collection, which will be presented in Paris on June 21. Centenera met Abloh while both working with Kanye West, where she consulted on his all his runway collections since his debut spring 2012 women's wear show. Read the full story on WWD.com. #wwdfashion #wwdnews (📷: @asussmanphoto)
"In order for Shudu to wear garments, she needs to be able to put them on, just like you would in the real world. You have to digitize the outfits," said Cameron-James Wilson on dressing 3-D model @shudu.gram for her WWD photoshoot with @itsclo3d. #wwdfashion (📸: @cjw.photo)
“Shudu is a digital supermodel, a very glamour and amazing woman. But she’s 3-D,” says Cameron-James Wilson, a fashion photographer and the creature of @shudu.gram. Here, Shudu wears @cushnieetochs for her debut fashion editorial. #wwdfashion (📷: @cjw.photo)
“It is the fierce female performances that came before me that made be able to clearly identify for myself what it was that I wanted to do, what kind of artist I wanted to be, what kind of films I wanted to make,” said @brielarson at the Women in Film Crystal + Lucy Awards. See more pictures from the event on WWD.com. #wwdeye (📷: Matt Baron)