Perry Grabs Majority of Barneys New York

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In a debt-for-equity swap cleaning up the balance sheet, Barneys has reached an agreement with its largest lender, Perry Capital.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue


Lagardère Bids for Shopping Web Site

French media group is set to expand its portfolio of digital activities.

clock May 7, 2012Laure Guilbault


M&A Activity Heats Up

There were 62 deals disclosed in the apparel and footwear retail sector globally between Jan. 1 and May 2, carrying a total value of $3.66 billion.

clock May 7, 2012Evan Clark

Business Features

Luxury Sales Seen Topping $260B in 2012

Accessories and the hard luxury category will remain the best performing divisions, according to a new Bain & Co. and Fondazione Altagamma study.

clock May 7, 2012Luisa Zargani

A screenshot from A Gentleman’s Read, Ketel One’s new style site.


Ketel One Launches Men’s Style Site

The premium vodka brand is readying a new online lifestyle magazine for men, dubbed A Gentleman’s Read, that will debut in the U.S. on Tuesday.

clock May 7, 2012Kristi Garced

The new deal will reduce Barneys' long-term debt from $590 million to $50 million.

Business Features

Barneys Gets New Owner in Perry Capital

Debt-for-equity swap cleans up the retailer’s balance sheet and gives the equity fund a majority stake.

clock May 7, 2012David Moin

A look from Michael Kors’ fur collection.

Fashion Features

Michael Kors Shows Fur Collection

The collection lightened up this season — literally with feathery knitted looks, and physically with loose, unstructured shapes.

clock May 7, 2012WWD Staff


La Rinascente Eyes Global Growth

Parent company Central Retail Corp. is focusing on the development of “high density” luxury department stores modeled after retailer’s Piazza Duomo flagship.

clock May 7, 2012Luisa Zargani

Esteban Cortazar

Designer and Luxury

Net-a-porter to Relaunch Esteban Cortazar

Online retailer has teamed with the Colombian-born designer to exclusively sell his reborn label starting July 11.

clock May 7, 2012Miles Socha

Lana Del Rey


Fashion Fetes Frieze New York

Mulberry and Net-a-Porter both hosted dinners for the art fair over the weekend.

clock May 7, 2012Matthew Lynch

The twin shows featured 479 exhibitors.

Government and Trade

U.S. Production Becoming More Viable

Executives at textile shows discuss sourcing strategies.

clock May 7, 2012Brenda Lloyd

François Hollande and Christian Lacroix

Fashion Features

Designers Laud Election of François Hollande

The fashion industry responds to the election of the new president of France.

clock May 7, 2012WWD Staff

John Krasinski and Emily Blunt both in Calvin Klein Collection.


On the Red Carpet at the Costume Institute Gala

Celebrities, designers and sports stars took the trek up the red-carpet-covered steps of The Metropolitan Museum of Art for the annual benefit.

clock May 7, 2012Marc Karimzadeh and Matthew Lynch

Evine’s target customers are women 35 and over.


Mark Bozek and Russell Nuce Launch Evine

The e-commerce site will offer exclusive items on an engaging platform that features interactive elements such as live-selling segments and video content.

clock May 8, 2012Lisa Lockwood

Nicole Richie steals the spotlight in Julien MacDonald.


Nicole Richie to Do Macy’s Collection

Her capsule collection will be exclusive to the store’s Impulse department and sold in about 100 Macy’s locations and on beginning mid-September.

clock May 8, 2012David Moin


The New York Times Expanding Street Style Coverage

The publication is launching a biweekly online video series today featuring a large cross section of individual style from all five boroughs.

clock May 8, 2012Amy Wicks


‘Fashion Star’ Contestants Team Up

Lizzie Parker and Nicholas Bowes, who were sent home in episodes three and one, respectively, have joined forces to launch Lizzie Parker Blue Label.

clock May 8, 2012Subrina Hudson


Grazia Launching South African Edition

The new weekly title hits the newsstands on May 18 with a print run of 70,000 copies.

clock May 8, 2012Bambina Wise

Fashion Scoops

François-Henri Pinault, Linda Evangelista Settle Child Support Case

Terms of the settlement were not disclosed, but both sides are set to return to court on Tuesday to approve the details of the agreement.

clock May 8, 2012Alexandra Steigrad

Mark Brashear and Paula Wallace

Fashion Scoops

SCAD Honors Hugo Boss Americas CEO

Mark Brashear follows in the steps of Catherine Deneuve, Pierre Cardin and Sir David Tang as recipients of the Style Etoile award.

clock May 8, 2012David Lipke

Fashion Scoops

Guess Professorship at NYU Set for Fall Semester

Christine M. Beauchamp and Tracy Gardner have been named the first two Distinguished Visiting Professors in Fashion and Fashion Business.

clock May 8, 2012Marcy Medina

Arizona Muse

Fashion Scoops

The New Museum Teams Up With W Magazine, Burberry for Dinner

The magazine’s editor, Stefano Tonchi, greeted guests including stylist Amanda Ross, Anh Duong, Lisa Phillips, Jeffrey Deitch, Arizona Muse and Karli Kloss.

clock May 8, 2012Amy Wicks

Fashion Scoops

Diane Kruger to Host Jaeger-LeCoultre Luncheon

The event will take place today at the Mondrian Soho and introduce the Rendez-Vous, a new style.

clock May 8, 2012Roxanne Robinson

Fashion Scoops

Joseph Altuzarra Hosts Fund-raiser for Julie Menin

The lower Manhattan community board chair is gearing up to run for Manhattan borough president next year.

clock May 8, 2012David Lipke

Fashion Scoops

Rolex Wins Judgment in Counterfeit Case

Company was awarded nearly $160,000 and scored an injunction against two Web sites selling knockoff timepieces on Friday.

clock May 8, 2012Alexandra Steigrad

Joan Smalls photographed by Karl Lagerfeld.

Fashion Scoops

Chanel Sets New York Exhibition Dates

The luxury brand has chosen a downtown location for the New York leg of “The Little Black Jacket” tour, where it will run June 8 to 15.

clock May 8, 2012Miles Socha

Fashion Scoops

Joie Expanding Into Handbags

The Los Angeles-based contemporary label owned by Serge Azria will add handbags for fall.

clock May 8, 2012Jessica Iredale

Fashion Scoops

Gilt Groupe to Host New York Warehouse Sale

The event, set for May 18 and 19, will offer men’s, women’s, children’s and home merchandise at up to 80 percent off suggested retail.

clock May 8, 2012David Lipke

Fashion Scoops

Bruno Frisoni Makes Time for Fun in L.A.

His biannual trip last week included the opening of Roger Vivier’s 10th store.

clock May 8, 2012Marcy Medina


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