As the National Retail Federation’s 2013 Big Show on Monday swung into its second full day, Macy’s Inc. chairman, president and chief executive officer Terry J. Lundgren, the outgoing NRF chairman, passed the baton to Sadove, Saks Inc’s chairman and ceo. Like his predecessor, who championed job creation, Sadove said he’s committed to the cause and NRF’s Retail Means Jobs campaign. Sadove will also be pushing for the removal of trade barriers and corporate tax reform. Noting that retail accounts for 18 percent of the U.S. gross domestic product, he said, “Retail pays the highest effective tax rate. [Reducing] it would mean lower prices for consumers.”
As head of a luxury retailer, it’s not surprising that one of Sadove’s pet projects is visa reform. “People from China, Russia and Brazil, who wanted to come here and shop, had to wait four months to get an interview to get a visa,” Sadove said. “The NRF got it down to three weeks. We want to make it even shorter.” RELATED STORY: NRF Steps Up Lobbying Efforts >>
The NRF’s decision to give its coveted Gold Medal Award to Amazon.com founder and ceo Bezos could be seen as a changing of the guard. After all, the NRF’s membership base is comprised mainly of brick-and-mortar retailers. Physical stores have been locked in fierce competition over customers with the Web and the growing trend of showrooming, where shoppers visit stores to look, feel and touch the merchandise before making a purchase online.
Bezos’ Gold Medal Award marks the first time a Web-based retailer received such recognition from the organization. If there was any doubt that Amazon is here to stay as a retail player, the NRF would seem to be erasing it.
Bezos, who was dressed more casually than his peers, in a white collared shirt and jacket with no tie, demonstrated a love of computers at an early age, according to a video played before he accepted his award. He started his first business in high school. “I used to drag the packages myself to the post office myself in my Chevy Blazer,” he said.
Bezos said he was surprised to achieve such success. “We had tremendous planetary alignment,” he said, adding that he enjoys taking risks. “We like dark alleys because they can turn into wonderful vistas,” he said. But, it’s OK if they remain dark alleys, because Bezos said he likes them “either way.”
Amazon has been a disruptive force for the traditional retail establishment. The global e-commerce leader has changed the way the world shops, by making products available 24/7. With $48 billion in sales in 2011, Amazon is projected to reach $166 billion in four years. The e-commerce giant upended the book industry with its Kindle e-reader and created a tablet for games, movies and other products. Amazon has declined to collect sales tax for online sales, angering brick-and-mortar retailers who say the Web giant has created an unlevel playing field.
Bezos recently said that he’s interested in opening physical stores for Amazon, sending an additional chill down traditional retailers’ spines.
Claudio Del Vecchio, chairman and ceo of Brooks Brothers, acted as emcee. Besides Bezos’ award, Lululemon Athletica Inc. nabbed International Retailer of the Year, which was accepted by Delaney Schweitzer, executive vice president of retail operations, and Crocs Inc.’s John McCarvel received the Retail Innovator of the Year award.
Also on Monday, Kip Tindell, chairman and ceo of The Container Store, was elected first vice chairman of the board, treasurer and chairman of the finance committee, and HSN Inc. ceo Mindy Grossman was elected second vice chair of the board and secretary.
There'll be no rest for those headed to Europe for men's, as Paris just closed the gap with Milan. According to a provisional calendar released by the Chambre Syndicale, Paris Men's Week will now open a day earlier on January 16. See new highlights on the official lineup on WWD.com. #wwdnews #wwdfashion (📷: @kukukuba)
BREAKING: Jonathan Saunders is leaving @DVF. The designer has resigned from his position as chief creative officer of Diane von Furstenberg, the company said in a statement on Friday. At the time of his hire, von Furstenberg said Saunders’ arrival symbolized and facilitated her stepping back from the day-to-day duties that occupy the work of a full-time creative director. The British designer joined DVF in May 2016 and was in charge of all product categories. #wwdnews
For @versace_official’s spring ad campaign, the brand emphasized the archival prints from the spring tribute collection dedicated to the late Gianni Versace. Closing out the show were five of Gianni’s favorite models: Cindy, Naomi, Carla, Helena, and Claudia. Bowing on December 18, the new campaign is yet another tribute to supermodel-dom as the images by Steven Meisel are fronted by @iamnaomicampbell, @cturlington, @gisele and more. #wwdfashion
Four-time Oscar-nominated actress Annette Bening has been waiting 20 years to play Gloria Graham in "Film Stars Don't Die in Liverpool," which will be released on December 29. The movie about Graham – a Hollywood star known for her controversial relationship with a younger Englishman named Peter Turner – is based off a memoir Turned wrote. "She felt vulnerable to him, because she loved him, she really did love him. And anyone that we really truly are in love with, we re vulnerable to in a very deep way," said Bening. Read our full interview with the modern icon of an actress on WWD.com. #wwdeye (📷: @ninebagatelles; Styled by @cristinaehrlich)
The crisp white button down: a staple that can be dressed up or down and accessorized throughout the decades. Here, on a Art Basel-goer in 2017 on the left and on the iconic Audrey Hepburn in “Roman Holiday” in 1953 on the right. #tbt #wwdfashion (📷: Andrew Morales)
Known for her work with @victoriassecret, 25-year-old model @georgiafowler is raising her profile in Hollywood. Fowler stars in @vincecamuto’s holiday campaign, which launched in partnership with “Pitch Perfect 3.” “Almost every shoot with Vince Camuto, I’ve had to face a fear…It was definitely a challenge. I’m so grateful for it, though. I’ve always wanted to be a pop star, so that was the perfect chance,” Fowler said. Head to WWD.com to read about Fowler’s experience modeling, including at the #VSFashionShow, and her relationship with Nick Jonas. #wwdeye (📷: @jilliansollazzo)
EXCLUSIVE: Huda Kattan just became the first beauty influencer to land a major beauty deal. Kattan's business, @hudabeauty, has received a minority investment from private equity firm TSG Consumer Partners. The brand, which industry sources say is on track to do $200 million in retail sales for 2017, will receive support on product, retail and geographic expansion through the deal. Get all the details on the deal and read @_a_collins' interview with Kattan on WWD.com. Link in bio. (📷: @jgreenery) #wwdbeauty #wwdnews
Peruvian model @juanaburga_official – who is known for walking the runways of @rodarte, @viviennewestwood and @torybuch – is making the move to the big screen with drama “Los Últimos.” The film premiered in Argentina in November and arrives in the U.S. and Europe in 2018. On making the switch from modeling to acting, Burga told WWD: “It’s a completely different thing – a lot of people think it’s similar or try to connect things, especially like getting used to the camera or being looked at all the time or playing these different characrers, but film is a completely different story.” #wwdeye (📷: @jgreenery)
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)