Authentic Brands Buys Jones New York Label

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Overview

  The Jones New York brand, which does nearly $1 billion in annual retail volume worldwide, is now under the Authentic Brands Group’s umbrella. ABG on Tuesday acquired the intellectual property assets of the brand from private equity firm Sycamore Partners for an undisclosed amount.   SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

KaDeWe, berlin

Mergers and Acquisitions

KaDeWe Catches Eye of Acquisitive Retailers

It’s unclear whether the KaDeWe flagship and the rest of the premium group owned by Karstadt are for sale.

clock April 22, 2015David Moin

Textiles

Study Shows Industry Interest In East African Sourcing Rising

Africa’s potential as fertile ground for apparel manufacturing is starting to take seed.

clock April 23, 2015Arthur Friedman

John B. Fairchild

Human Resources

John Fairchild Memorial Set for Monday

The memorial service for John B. Fairchild will be held at 11 a.m. on Monday at the Church of the Ascension at 36-38 Fifth Avenue at 10th Street.

clock April 23, 2015WWD Staff

Cartier

Financial

Richemont Warns on Profits

Year-end profits are seen falling 36 percent due to losses on financial instruments.

clock April 22, 2015Samantha Conti

Outside a Gap store in Japan.

Financial

Report: Gap Brand Faces Uphill Climb

Gap Inc.’s new management might find the task of turning around its namesake brand more formidable than it expected.

clock April 22, 2015Arnold J. Karr

A view outside the JC Penney store.

Financial

S&P Lifts J.C. Penney’s Outlook to ‘Positive’

Sensing that J.C. Penney Co. Inc.’s turnaround effort is gaining traction, Standard & Poor’s Ratings Services lifted the midtier department store retailer’s outlook to “positive” from “stable.”

clock April 22, 2015Arnold J. Karr

Chanel

Retail

Chanel Revamps South Coast Boutique

Chanel took great care to bring a residential quality to its redone and expanded South Coast Plaza boutique. The Peter Marino-designed store officially opened Thursday, following an event Wednesday evening.

clock April 23, 2015Kari Hamanaka

Doug McMillon

Human Resources

Douglas McMillon’s Pay Down 24.2% at Wal-Mart

Douglas McMillon, president and chief executive officer of Wal-Mart Stores Inc., saw his pay decline nearly a quarter in his first year on the job.

clock April 23, 2015Arnold J. Karr

Fashion Scoops

Sears Names Benjamin Schall CEO of Seritage Growth Properties

Sears Holdings Corp. said Benjamin Schall was named chief executive officer of Seritage Growth Properties.

clock April 23, 2015Vicki M. Young

Fashion Scoops

Serena & Lily Debuts Women’s Spring Capsule Collection

Northern California home brand Serena & Lily debuted its first foray into women’s fashion this week with the arrival of a capsule collection for spring.

clock April 23, 2015Lorraine Sanders

Hudson's Bay

Mens Retail Business

Hudson’s Bay Updates Queen Street Store Men’s Dept.

Men’s wear is on the front burner for Hudson’s Bay Co. this spring.

clock April 22, 2015Jean E. Palmieri

Jeremy Langmead, Mr Porter

Mens Retail Business

Jeremy Langmead to Return to Mr Porter

Jeremy Langmead is heading home, back to MrPorter.com, where he will take up the newly created role of brand and content director.

clock April 23, 2015Samantha Conti

Karen Murray and Michael Bloomberg

Parties

Heartworks Gala Raises $1.2 Million

Karen Murray, president of VF Sportswear, hosted the 15th Annual Heartworks Gala at Cipriani 42nd Street last week.

clock April 17, 2015Aria Hughes

Frigo, 50 Cent

Mens Retail Business

50 Cent Fronts Frigo’s Expansion Push

The rapper and serial entrepreneur has put his weight — and cash — behind the men’s performance underwear brand.

clock April 22, 2015Aria Hughes

2(X)IST

Mens Clothing Furnishings

2(x)ist Seeks to Expand its Reach

Since joining the brand just shy of two years ago, the president and chief executive officer of 2(x)ist has set his sights on creating a complete lifestyle brand.

clock April 23, 2015Jean E. Palmieri

Naked

Mens Clothing Furnishings

Naked Revamps Brand Identity

The men’s loungewear brand is gearing up for growth with help from intimates vet Carole Hochman.

clock April 22, 2015Aria Hughes

WWD Man of the Week April 23, 2015

People

Man of the Week: Andrew Cuomo

The New York Governor, who led a trade mission to Cuba earlier this week, is trying for a business casual look, but he’s not executing it very well.

clock April 23, 2015WWD Staff

Caroline Vagnone

Fashion Scoops

Fashion Institute of Technology Holds First People’s Choice Award Competition

To try and drum up some excitement about its April 30 Future of Fashion show and looking to make the ticketless feel involved, the Fashion Institute of Technology has held its first People’s Choice Award competition.

clock April 23, 2015Rosemary Feitelberg

Bonnie Cashin

Media

Rizzoli to Release New Bonnie Cashin Book

Due out next spring, the Rizzoli tome’s working title — “Bonnie Cashin: Chic Is Where You Find It” — refers to the designer’s favorite phrase, one that she first took a liking to in the Forties.

clock April 23, 2015Rosemary Feitelberg

Paul Smith

Fashion Trends

Fall 2015 Trend: Gray Matters

The subtle grace of gray — from soothing heather to power pinstripes — looks smart and sophisticated in a fall season filled with bold patterns and bohemian influences.

clock April 23, 2015Laurent Folcher

Calvin Klein

Mens Fashion

Men’s Innerwear Trend: Going Bright

Vibrant colors, statement waistbands, aerodynamic construction and performance fabrics continue to transform the underwear staple into the ultimate attention-grabbing functional garment.

clock April 23, 2015Alex Badia

Born in the USA

Mens Retail Business

Born in the USA Returning to Pitti Uomo

After a successful launch at the January show, the American contingent will return to Pitti Uomo this summer.

clock April 23, 2015Jean E. Palmieri

Essentialist

Today's Must Read

Emerald Fennell, Regina King, and Chloé Zhao

Eye

Get to Know the Female Directors Making History at the Golden Globes

clock 6hKristen Tauer

Social Studies

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