MILLIKEN ANNOUNCES INCREASES: Milliken & Co. said it will increase prices by as much as 15 percent for all its products. Management cited "unprecedented increases" in the cost of raw materials, energy and transporting goods as reason for the move.
"Our initial and ongoing efforts to address these challenges have been focused on resisting increases, improving our productivity, and aggressively pursuing cost avoidance and savings opportunities," said Joe Salley, president and chief executive officer. "However, the speed and magnitude of recent cost escalations make it impossible for us to maintain our current pricing."
Based in Spartanburg, S.C., Milliken is one of the largest privately held textile and chemical companies in the world. Its apparel fabrics include dyed and finished, knit and woven fabrics of polyester, nylon, cotton, cotton blends and synthetic-spandex blends for the women's, men's and children's markets.
AUSTRALIAN WOOL DECLINES: Australian wool production levels are expected to decrease by 4 percent for the 2008-'09 season because of rising grain prices and drought. Shorn wool production for the season is expected to come in at 385 million kilograms, or 848.8 million pounds.
"Once again, parts of eastern Australia have started the pasture growing season with rainfall well below normal," said Russell Pattinson, chairman of Australian Wool Innovation's production forecasting committee. "The most extreme example of this is Tasmania, with the southern region and East Coast continuing to be ravaged by one of the worst droughts in living memory."
The drought is prompting more farmers to slaughter their sheep and shift to farming crops. AWI, the Australian wool industry's research and development arm, also announced that Ian McLachlan, who served as chairman from November 2002 to April 2008, has retired.
NILIT OPENS CHINA FACILITY: Nilit, a 34-year-old manufacturer of nylon 6.6 polyamide fibers based in Migdal Ha'emek, Israel, celebrated the opening of a new facility in Suzhou, China, on June 3. The 108,000-square-foot factory will initially produce textured nylon before expanding into spinning. The opening attracted more than 150 people, including executives and local officials, and also featured a fashion show of innerwear and activewear products from Nilit's design laboratory.CREORA SPANDEX GROWS IN VIETNAM: South Korean conglomerate Hyosung has started production of its Creora brand spandex at a new facility in Vietnam. In late 2007, the company said it planned to invest $100 million for a new plant near Ho Chi Minh City capable of producing 15,000 tons of spandex annually.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty