Despite a strong retail pedigree — Kit and Ace was founded by members of the same family that launched Lululemon Athletica — the Canadian active brand, known for its technical luxury fabrics, has succumbed to the unsparing retail environment. Kit and Ace will close all 32 of its stores, which are mainly in the U.S., to focus on nine Canadian units and its e-commerce site.
Layoffs at Kit and Ace’s Vancouver headquarters on Thursday reportedly included president Wendy Bennison, who joined the company last year as president. The former chief operating officer of Roots Canada Ltd. was working on developing an omnichannel roadmap for Kit and Ace and elevating the customer experience.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion