Voting results from Ralph Lauren’s annual meeting with shareholders are in and support for some company directors seems to be dwindling.The number of independent common stockholders that voted against the reelection of longtime Ralph Lauren directors Frank Bennack Jr., Joel Fleishman and Hubert Joly nearly doubled at this year’s annual meeting, according to a disclosure filed with the U.S. Securities and Exchange Commission.Of roughly 44.2 million shares entered for the election of the Ralph Lauren’s three independent directors, 11.4 million voted against Bennack, who’s been on the board since 1998, 13.2 million voted against Fleishman, who’s served since 1999, and 9.4 million voted against Joly, who’s served since 2009.At the annual meeting held in 2016, only 5.8 million shares voted against the reelection of Bennack, while six million and 4.8 million voted against Fleishman and Joly, respectively. In 2015, the votes against were about two million less for each director.Bennack is a longtime executive of Hearst and serves as the company’s executive vice chairman, Fleishman is a professor of law at Duke University, and Jolly is the chief executive officer and president of Best Buy.A specific reason for more shareholders voting against the directors was not immediately apparent, but Ralph Lauren has been struggling — along with plenty of other retailers — to get back on solid footing recently and a positive return from its restructuring plan has been slow to emerge.The company appears to be making some progress, as financial results for its first fiscal quarter showed net income of $59.5 million compared o a net loss of $22.3 million a year ago. But sales have yet to rebound and Ralph Lauren’s total revenue came in at $1.35 billion, a 13 percent decline from last year.For More, See:Are Department Stores Turning the Corner?Macy’s Gennette Sees Daylight Amid Tough Selling EnvironmentNatalia Vodianova Invests in Flo, Takes Board Seat
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.