Fashion News Alert: New York City Ballet Partners with Cole Haan, Colette Closes, Buyers Circle Jimmy Choo, and Karl Lagerfeld and the Russians

Image courtesy of youtube.com

Image courtesy of youtube.com

Donald Trump and Russia is proving to be a toxic combination. In fact, any Russia pairing has nefarious connotations these days. However, that does not concern Karl Lagerfeld.

Lagerfeld is looking to expand his ever-growing brand by making presence stronger in Russia by establishing is women’s collections with the distributor the BNS Group. BNS Group distributes nine brands that include Calvin Klein, Topshop, Michael Kors, and the recently added Coach, Tommy Hilfiger and now, Karl Lagerfeld.

Lagerfeld also has a presence in Russia for his menswear line that is primarily sold in Russian shopping malls. The agreement with BNS Group will distribute Lagerfeld’s women’s wear line in Russia, Belarus, and Kazakhstan with 10 single-brand stores scheduled to open by 2022.

The first store is scheduled to open in the Moscow Metropolis shopping center in 2018. The single-brand store will house women’s wear clothing, footwear, eyewear, watches, and perfumes.

Image courtesy of mrmagazine.com

Image courtesy of mrmagazine.com

NYCB and fashion

Ballet dancers are currently in vogue. First, there was ABT principal dancer Misty Copeland’s campaign with Under Armour in 2015 and in 2017 Dutch National Ballet soloist Michaela DePrince landed a campaign with Jockey. Now, the New York City Ballet (NYCB) has teamed with Cole Haan.

Cole Haan has chosen New York City Ballet dancer Amar Ramasar, Sara Mearns, Megan Fairchild, Gretchen Smith, and Justin Peck to star in its new GrandEvolution collection campaign. New York City Ballet soloist and choreographer Justin Peck choreographed the movement for the campaign that is captured in stills and a series of GIFs to be released on digital channels. NYCB dancers Sear Mearns, Gretchen Smith, and Megan Faircild had appeared in Cole Haan campaigns in previously, going back to 2014.

Andrew Eccles shot the GrandEvolution campaign, Cole Haan’s new unisex collection. The shoes from the collection is available now online and in Cole Haan stores around the world, with prices ranging from $180 to $280.

Jimmy Choo resort 2017 image courtesy of fashionisers.com

Jimmy Choo resort 2017 image courtesy of fashionisers.com

Fashion hawks circle Jimmy Choo

The announcement in May 2017 that Jimmy Choo is up for sale has some fashion hawks flying low, hoping to be the first ones to take advantage of this proclamation. Those frontrunners include Michael Kors—who is apparently working with JP Morgan as its broker—as well as Coach and Hony Capital, who are interested in Jimmy Choo–branded parfums.

With all of his recent retail worries, Kors is an odd choice to take on Jimmy Choo in that the Michael Kors brand has disappointed analysts and investors with its 2017 sales and profit performances. Coach is a more viable choice with its recent purchase of Kate Spade. Hony Capital is in negotiations with Interparfums, the French fragrances group that holds the license to manufacture Jimmy Choo–branded perfumes.

Image courtesy of fashionisers.com

Image courtesy of fashionisers.com

Bye, bye Colette

Colette, the iconic French concept store, is closing it doors in December. In 2015, almost went into the bankruptcy proceedings and was recently threatened with eviction. Colette’s woes are the result of retail struggles. The continuing advent of online shopping has threatened multi-brand stores like Colette, which was founded in 1990 by Carla Sozzani, as an eclectic concept store.

Still, there is some good news. Businessman Tiziano Sgarbi and designer Simona Barbieri, the founders of Italian fashion label, Twin-Set are taking control of Colette’s Italian counterpart 10 Corso Como.  As reported on corriere.it, Sgarbi and Barbieri are taking control of 10 Corso Como and its retail space for fewer than 30 million euros.

“We have no intention of changing the format. We simply wish to [modernize] it, and we hope to be able to keep the name ’10 Corso Como.’ As for the photography exhibition gallery and the cult fashion and accessories boutique, we would like to enter into a partnership with Carla Sozzani,” Tiziano Sgarbi told corriere.it.

—William S. Gooch

 

 

 

Fashion News Alert: Karl Lagerfeld Gets a Medal, Versace’s Sales Plummet, US Store Closures Increase, and Jenny Meirens Transitions

Versace spring 2017 image courtesy of fashiongonerogue.com

Versace spring 2017 image courtesy of fashiongonerogue.com

In spite of opening 38 new stores in 2016 and 2017, starting an online channel, and a 3.7 increase in venue sales, according to Radiocor Versace closed the year with EBITDA margins shrinking to 6.6 percent from 12.5 percent in 2015 and a consolidated loss of 7.4 million euro (8.3 million dollars), against profit of 15.3 million euros (17.3 million dollars) last year.

Though this latest retail news may not be good news for Versace, there is a silver lining. Sales in Asia grew by 8.8 percent and sales in North America grew by 2.5 

Image courtesy of 2luxury2.com

Image courtesy of 2luxury2.com

Lagerfeld honored

On Tuesday, Karl Lagerfeld was awarded the Grand Vermeil Medal of City of Paris. Lagerfeld was awarded the medal after Chanel’s fall 2017 Couture show.

“Your genius permits you to take risks and to transport us into a universe in which you excel. You are an immense talent and a great person who has done so much for our city to make it even more creative, magical and beautiful,” said the Mayor of Paris Anne Hidalgo.

“I’m a foreigner and proud of it. And we foreigners see how France really lives. And with the latest changes we have the impression that France has really changed. Everyone wants to come to Paris and live in France and start learning French again. And I find that formidable! When you are not French you see things clearly with an eye disengaged from nationalism and patriotism. And I really want to say Vive La France! Vive Paris! And may the Olympics of 2024 come to Paris!,” Lagerfeld responded.

Image courtesy of insideretailthailand.com

Image courtesy of insideretailthailand.com

More US store closings

According to the Fung Global Retail & Technology Weekly Tracker, US  store closings 218 percent compared to last year this time. That translates into 5,321 U.S. retail closings were confirmed from January 2017 up until June 23.

The leaders in these store closings have been Bebe, Payless, Inc., and RadioShack. One of the reasons for these store closings has been US consumers moving their dollars to online shopping.

According to Fung, Global Retail & Technology there is some good news. There was a 20% increase in store openings compared to this time last year and US consumers are switching to athleisure wear and beauty so many of the new store openings are reflecting this gravitation.

Image courtesy of fashionfreaks.com

Image courtesy of fashionfreaks.com

Bye, bye Jenny

Jenny Meirens, one of the co-founders of Maison Martin Margiela passed away on July 3. Meirens had a direct role in making Maison Martin Margiela a household name.

It was Meirens who suggested that Martin Margiela leave the label in the clothing blank, causing consumers to focus on the design of the clothes other than the designer or brand house. In 2003, Meirens left the brand after selling her stake in the brand to Renzo Rosso, founder of the OTB Group.

Maison Martin Margiela posted a tribute to Jenny Meirens on social media. “In memory of Jenny Meirens, commercial partner of Martin Margiela and one of the visionaries who worked behind the scenes.”

—William S. Gooch

 

 

 

 

Fashion News Alert: Naomi Campbell’s German Collaboration, Payless to Shutter More Stores, Joe Zee Exits Yahoo Style, and Robert Geller and G-Shock Partner Up

Image courtesy of interviewmagazine.com

Image courtesy of interviewmagazine.com

One thing can be said for Naomi Campbell, the supermodel never rests on her laurels for long. Whether Campbell continues to expand her acting chops or stays in the entertainment limelight with verbal battles with the likes of Rihanna and others, Campbell keeps tongues wagging.

Naomi Campbell continues to expand her growing empire by partnering with German mega retailer, Tom Tailor for her own collection. The German retail giant has planned three capsule collections for Campbell over the next 12 months with the first capsule being on sale at the end of October. The first capsule collection from Campbell will have a holiday/Christmas Theme.

After a rough 2016 Tom Tailor is hoping to bounce back and growth the company with more collaborations with celebrities from the worlds of entertainment, sports and fashion. Several months of customer surveys revealed that Tom Tailor scored high points in quality, trust, value and price points. However, excitement value was a low point for the brand. Tom Tailor hopes to bring more pop and excitement to the brand by employing global celebrities like Naomi Campbell.

Image courtesy of thedishmaster.com

Image courtesy of thedishmaster.com

After nearly three years, Joe Zee leaves his post at Yahoo Style. Zee came to Yahoo Style as the website’s editor-in-chief and executive creative director after leaving his job as creative director of Elle magazine.

“What an incredible 3 years it has been for me. THANK YOU guys for all your support on this amazing ride. I am so proud of the site we built from the ground up but of course, no one does anything alone. Thank you to my smart, dedicated, driven OG Crew, who always poured so much of themselves into making everything fresh and exciting and the #1 site from the day it launched,” Zee wrote in an Instagram post reported on fashionnetwork.com.

Joe Zee joins Bobbi Brown, former editor-in-chief at Yahoo Beauty, and others staffers who have left the Yahoo in 2017. Since Verizon assumed ownership of Yahoo in June 2016 there has been lots of shifts with Verizon announcing it will 2100 employees at both Yahoo and AOL.

Image courtesy of stlrealestatenews.com

Image courtesy of stlrealestatenews.com

 

There is more store closings for Payless Holdings, LLC. The embattled footwear retail store has received permission from a Missouri bankruptcy courts to close 216 additional stores to the 389 stores expected to close. Payless selected the store closings based on cash flow, profitability and unlikelihood of rent concessions.

Payless has a burden of $1 billion-plus in liabilities with only between $500 million and $1 billion in assets. Payless hopes to get the footwear retail giant back on track with a restructuring support agreement to the tune of potential access to $385 million in debtor-in-possession financing comprised of $305 million secured by assets and $80 million in new term loans.

Image courtesy of fashionnetwork.com

Image courtesy of fashionnetwork.com

With New York Fashion Week: Men’s (NYFWM) spring 2018 collections being less than two week away, all eyes will be turning to men’s fashion. Robert Geller will be one of the standout designers during NYFWM, particularly with his continued collaboration with G-Shock.

Robert Geller an G-Shock are also continuing their partnership with the launch of G-Shock’s new watch, the GST200RBG-1, a collaboration with Geller for G-Shock’s G-Steel line.

“I have been working with G-Shock for several years, and was very pleased when we decided to create a watch together,” said Geller in a recent fashionnetwork.com article. “I wore a G-Shock watch throughout my teenage years, so it is really exciting to be able to make my own, more grown up version.”

The GST200RBG-1 watch is a part of G-Shock’s G-Steel line of watches for active men. Robert Geller, inspired by his love of Japanese culture, specifically designed the GSt200RBG-1.

My favorite time in Tokyo is walking through the city in the middle of the night, when it is impossible to sleep because of the jet lag,” said Geller. “The lights, smells and sounds are really magical and I wanted this watch to reflect that magic. For the past ten years, I have been producing my ready to wear collection in Japan because I love the quality and care of Japanese craftsmanship. G-Shock shares this same love, which is why this collaboration is a natural fit for us.”

The GST200RBG-1 retails for $420 and will be available in July at G-Shock in SoHo, the G-Shock website and select Macy’s, jewelers and fashion apparel stores.

—William S. Gooch

Weekend Fashion News Alert: Sears to Close More US Locations, Alexander Wang Designs NYC Gay Pride Float, Alexander McQueen’s Menswear Returns to Paris, and Ivanka Goes to Court

 

Spring 2018 image courtesy of theimpression.com

Spring 2018 image courtesy of theimpression.com

Alexander McQueen is returning to Paris runways, well, his menswear that is!! After several seasons not showing menswear in Paris, the design house is coming back with bang under the creative direction of Sarah Burton.

Alexander McQueen’s menswear show will close the spring 2018 menswear season in Paris. And the show promises to show the gamut of British imagery ranging from rocker 1950s street wear to Colonial dandies and proper Edwardian gents. This menswear dissertation on British male fashion is solidly in the arena of men’s couture, making the collection difficult to replicate for mass consumption.

170624181402-aquazzura-wild-things-shoe-780x439

More Trump trouble

Are the Trumps, ever not in the news? Apparently, not!! It appears that Ivanka Trump may have to make a court appearance in lieu of a lawsuit that implies that Ivanka Trump’s apparel company copied designs from a prominent Italian shoemaker.

Ivanka has attempted to get out of testifying in court because of her White House duties; however, New York District Judge Katherine Forrest has rejected Ivanka’s claim. [Despite] “the obvious time constraints that Ms. Trump must currently have … it is nonetheless true that she is alleged to have personal involvement in the events at issue in this lawsuit,” explained Judge Forrest in a three-page ruling released on Friday. “Accordingly, she cannot avoid a deposition in this matter.”

The Italian shoe company in question is Aquazzura. Aquazzura claims that Ivanka Trump “copied nearly every detail” of the brand’s “well-known and coveted ‘Wild Thing Shoe’ from the shape and silhouette to the fringe covering the toes, to the tassel on the heel.”

Image courtesy of theobserver.com

Image courtesy of theobserver.com

Wang pride

Alexander Wang joins Urban Outfitters, Converse and Nichola Formichetti’s NicoPanda in celebrating NYC’s 2017 Pride celebration. Wang is collaborating with Trojan in creating a sleek, black float that will promote safer sex in the Pride parade.

The black float will mimic Wang’s black buses that transported partygoers to his legendary runway show after-parties. The chic black float will have the safer-sex logo “Protect Your Wang” emblazoned on the float with Wang, himself, riding on the float. New York City’s Pride Parade takes place on June 25.

Image courtesy of thenewsreflection.com

Image courtesy of thenewsreflection.com

More Sears closings

Sears plans to close more store locations in the US. The embattled mega store filed this past Friday a regulatory filing with the US Securities and Exchange Commission that is closing 18 stores and two K-Mart locations by October 2017.

Store liquidations will begin on June 30 bringing the total Sears store closings in 2017 to 260. There are still 1,100 K-Mart and Sears stores still open for business.

—William S. Gooch

Fashion News Alert: Kim Kardashian Launches Beauty Brand, Pedro Almovador’s New Gig, Condé Nast Shutters Style.com, and Neiman Marcus Stays Intact

Image courtesy of celebmafia.com

Image courtesy of celebmafia.com

Kim Kardashian, following in the footprints of her famous sisters, Kylie and Kendall Jenner, will launch her own line of cosmetics. With Kim Kardashian having over 100 million followers on social media, KKW Beauty will have no trouble finding customer.

Although there is very little known about KKW Beauty, it has been revealed on Instagram that the beauty brand will launch primarily online via www. kkwbeauty.com. KKW Beauty already has an Instagram account with 51, 000 followers.

Image courtesy of theimpression.com

Image courtesy of theimpression.com

Prada and Pedro

Big fashion houses often look to film actors and sports celebrities as the faces of their campaigns. That said; rarely does the fashion industry look to people behind the camera to front a campaign.

Prada is changing all of that. Since the fashion house’s inception, Prada has always had a deep relationship with cinema and famous directors. For its current campaign Prada has tapped iconic Spanish film auteur Pedro Almovador as the new face of its 2017 fall campaign in a short film directed by Willy Vanderperre. Though Almovador is not thought of as being associated with the fashion industry, he has appeared in a few fashion campaigns, most noticeably a Missoni ad alongside Blanca Suarez and Rossy de Palma.

The Prada fall 2017 campaign will mirror the cinematic style of many of Almovador films with Almovador appearing in a 30-second short surrounding by posters and photographs.

Image courtesy of pinterest.com

Image courtesy of pinterest.com

Style.com is no more

Its official; style.com bites the dust. Condé Nast has decided to shutter the popular fashion website as Condé Nast has brokered a deal with Farfetch.com to commercialize its content. Anyone who tries to access style.com, as of this post, will be redirected to Farfetch.com.

The reasons for this new direction is to “to connect Condé Nast’s global editorial portfolio with Farfetch’s e-commerce, technology and logistics platform [to] create a seamless luxury shopping journey from world authority fashion inspiration to purchase gratification, commercializing Condé Nast’s online and social media content by linking it to the world’s leading brands and boutiques, in real time,” according to a recent article on fashionnetwork.com. Farfetch.com is a luxury e-tailer and many of the brands sold on Farfetch.com’s website are brands that advertise heavily in many of Conde Nast’s fashion magazines.

Style.com was one of Condé Nast’s most popular websites and has cost Condé Nast about $100 million since its inception. There is no word if style.com’s staff will be transferred over to Farfetch.com’s team or be placed in other jobs at Condé Nast.

Image courtesy of usatoday.com

Image courtesy of usatoday.com

Not for sale

For a couple of years, there have been rumors of Neiman Marcus being sold to another retail conglomerate. Those rumors have been silenced as the upscale retailer confirmed on Tuesday that is has ended talks on a partial or full-scale sale to other retailers. This new development comes days after the Wall Street Journal reported that Neiman Marcus was in talks with Hudson Bay Co. and Saks Fifth Avenue regarding a potential retail combination.

“While looking ahead, we know challenges remain, but we are encouraged by the strategies we have in place to improve our operational efficiencies and performance,” Chief Executive Karen Katz said on a post-earnings call, as reported in fashionnetwork.com. Neiman Marcus is struggling to get rid of overwhelming debt that stems from its $6 billion leveraged buyout in 2013, when its current owners, Ares Management LP and Canadian public pension fund CPPIB, acquired it from other private equity firms.

This past Tuesday, Neiman Marcus posted a fourth straight quarterly loss. And Neiman Marcus posted a nearly 5 percent dip in same-store sales for the third quarter ending April 29.

—William S. Gooch

 

 

 

 

Fashion News Alert: Kanye West’s Potential New Gig, Bebe Completes Reorganization, Edward Enninful’’s Debut Video and Jack O’Neill Transitions

Image courtesy of pausemag.co.uk

Image courtesy of pausemag.co.uk

Kanye West is back on the front pages of fashion news. But, for the reason many fashion pundits might think.

This recent West fashion story is not about West ranting against the fashion industry or jewels being stolen or pilfered. To expand his fashion empire—if you want to call it that—West is seeking to sign school uniforms for the Calabasas High School.  West hopes to partner with the Calabasas High School’s athletic department to bring his brand Yeezy the school. The school has already collaborated with Yeezy’s parent company, Adidas.

According to TMZ, West is aiming to remake the school’s athletic uniforms, as well as a new color theme and mascot. Calabasas is the long-time family home of the Kardashians. And in March of this year, West launched his Calabasas collection for Adidas.

Image courtesy of Getty Images

Image courtesy of Getty Images

Bye, bye Bebe?

Has Bebe gone bye bye for good? Apparently so!!

Bebe Stores, Inc completed its reorganization that included a $65 million dollar agreement with its retail landlords to terminate all of its store leases. Bebe is liquidating its design and distribution centers with its Benicia, CA distribution center selling for $22 million.

The company expects no brick and mortar operations in the future and if the brand continues it will be solely online.

Image courtesy of refinery29.com

Image courtesy of refinery29.com

Enninful expands

Future British Vogue editor-in-chief Edward Enninful continues to rack up credits to his already prolific resume. Enninful has directed a Gap campaign entitled, “Bridging the Gap.” The  “Bridging the Gap” video includes a long list of sports figures, models, actors, activists and musicians moving and dancing to 70s disco track “Sunny.”

“Growing up, I loved the imagery I saw from America as it celebrated being the land of the free and home of the brave,” Enninful explains in a Refinery 29 post. “This project is about authenticity and people living their truths.”

Enninful handpicked the entire cast of the video with cast members wearing Gap tee shirts and denim.

Image courtesy of surferdad.co.uk

Image courtesy of surferdad.co.uk

Sayonara Jack

Jack O’Neill, the founder of the global surf company, O’Neill died this weekend in Santa Cruz, California. The modern neoprene wetsuit is credited to Jack O’Neill.

After serving in the Navy during World War II, O’Neill and his wife moved from Portland to San Francisco and began prototyping what is now known as the modern neoprene wetsuit that would keep him warm in the freezing Northern California water. Later, O’Neill moved from San Francisco to Santa Cruz to immerse himself into the then emerging surf culture. O’Neill expanded his brand to include surfboards, and by 1980 the brand had expanded into Japan, Australia, and Europe.

O’Neill is now a subsidiary of La Jolla Group which also owns Hang Ten and FMF. Jack O’Neill was 94.

—William S. Gooch

Fashion News Alert: Mariah Carey’s Beauty Company in the Works, Michael Kors to Shutter over 100 stores, David Beckham’s New Gig, and Credit Suisse Predicts Closure of a Quarter of US Malls

Image courtesy of hawtcelebs

Image courtesy of hawtcelebs

Mariah Carey continues to expand her empire. Carey is looking to launch a beauty company and was spotted recently in Beverly Hills scouting locations.

“They plan on opening a brick-and-mortar store in Beverly Hills and have been secretly looking at a number of retail spaces with a plan to unveil it this holiday season or next year by the latest,” explained a source. This same source confirmed that Carey’s prospective beauty company would include makeup, skincare and fragrances.

Image courtesy of mr-mag.com

Image courtesy of mr-mag.com

Michael Kors to shutter stores

2017 is not looking good for Michael Kors. As the brand looks to turn around a decline in sales, the brand is looking to close between 100 to 125 full-price retail stores in two years. Total sales fell 11.2 in the most recent quarter ending April 1 with stock prices falling more than 6 percent last Wednesday.

Like other brick and mortar stores, retail sales at Michael Kors stores have declined due to online shopping, stagnant consumer wages and an overall decline in apparel purchasing. According to fashionnetwork.com, net loss attributable to Michael Kors was $26.8 million, or 17 cents per share, in the latest quarter, compared with net income of $177 million, or 98 cents per share, a year earlier.

Image courtesy of luxepose.com

Image courtesy of luxepose.com

Another fashion gig for Beckham

David Beckham has new job. The soccer superstar has long been associated with fashion brands and fragrances. And now Beckham can add watch brand, Tudor, to his many fashion brand associations.

According to WWD, David Beckham has been pegged as a new brand ambassador for Tudor based on his status as an international style icon. Beckham will also front Tudor’s “Born to Dare” campaign.

“Daring individuals have long chosen Tudor while achieving the extraordinary on land, ice, in the air and underwater,” declares a Tudor spokesman. “It also refers to the vision of Hans Wilsdorf, the founder of Tudor, who manufactured Tudor watches to withstand the most extreme conditions, watches made for the most daring lifestyle indeed. It finally tells of the singular approach Tudor is known for today, having pioneered now major trends within the watchmaking industry.”

Image courtesy of nbcwashington.com

Image courtesy of nbcwashington.com

Mall shutdown

Credit Suisse is predicting that a quarter of American shopping malls will close over the next five years. That means of the 1100 malls in the US, approximately 220 to 275 will close by 2022.

Malls are no longer the shopping destination they once were, reaching its consumer peak in the 1970s and 1980s. Online shopping and consumer buying trends have caused the sharp decline in mall shopping in the last five years.

Credit Suisse has recorded over 3600 closings in 2017 already, with an expected 8500 more expected to close by year’s end. Credit Suisse expects online shopping to increase from a current 17% to 37% by 2030.

—William S. Gooch

Fashion News Alert: Naomi Campbell Teams up with Diesel, Novak Djokovic’s New Gig, H&M Strives to Improve Working Conditions, and Another Fashion Job for Bella Hadid

Image courtesy of worldtopmost.com

Image courtesy of worldtopmost.com

There is very little down time for Grand Slam champion Novak Djokovic. As his five-year contract ends with Uniqlo, Djokovic has been named brand ambassador for Lacoste. As Lacoste’s brand ambassador Djokovic is to wear Lacoste on and off the tennis court.

The Novak Djokovic Collection for Lacoste will be available in Lacoste stores this month and will be worn by Djokovic during the upcoming French Open. These performance products have been engineered for performance, comfort, quality, and are ergonomically designed to prevent chaffing and promote ease of movement.

Image courtesy of asiatoday. fr

Image courtesy of asiatoday. fr

Workers unite!

As workers around the world engage in strikes and protests for higher wages and better working conditions, H&M, one of the largest retailers in the world, has begun steps to improve working conditions for employees that make H&M products. One of H&M’s projections is to get factory employees representation by trade unions that can negotiate better working conditions for factory employees.

“The work is at the top of our agenda and we stay true to our collaborative approach and methodical way of working, making it possible to take important steps forward,” H&M said. “In 2018, the goal is to have democratically elected worker representatives in place at supplier representing 50 per cent of our product volume. Our collaboration within the Global Framework Agreement—pushing the development forward—was converted to a permanent agreement. H&M became an official supporter of the Global Deal partnership,” H&M details.

H&M has factories in Bangladesh, Cambodia, Indonesia, India, China, Turkey, and Myanmar that will be participating in this worker initiative. “In 2018, the goal is to have improved wage management systems in place at suppliers representing 50 per cent of our product volume,” the H&M group contends.

Image courtesy of zimbio.com

Image courtesy of zimbio.com

 

Catwalk Naomi

Naomi Campbell is everywhere! As she is gracing the red carpet at the Cannes Film Festival, Campbell also hosted the Fashion for Relief charity event during the Cannes Film festival.

The Fashion for Relief charity event raised money for Save the Children. Campbell collaborated with Diesel to support the charity organization. Models donned tee shirts and hoodies with rainbow heart and ladybird designs from ‘Child at Heart’, a collection designed by Campbell.

Diesel creative director Nicola Formichetti created two exclusive looks for the fashion show for the charity event, based on classic Diesel styles. More than 400 guests attended the event including Jeremy Renner, Anna Cleveland, and Paris Hilton.

Image courtesy of fashiongonerogue.com

Image courtesy of fashiongonerogue.com

Sporty Bella

Bella Hadid’s fashion proliferation is about to catch up with her supermodel sister Gigi. Bella has joined Nike’s long list of celebrity brand ambassadors. Bella will be featured in Nike’s 45th anniversary sneaker campaign. The campaign will feature Bella skateboarding in jeans and Nike workout gear.

Bella is following in her sister Gigi’s footprints. Gigi was the face of Reebok’s # Perfect Never campaign. Bella is expanded her audience by adding sportswear to her a portfolio of high-end fashion clients. Bella recently acquired campaigns with Dior makeup and Tag Heuer.

—Ano Okera

 

Anna and Tina’s on Screen Rivalry, Another Defection from NYFW, Anna Sui Collaborates with Macy’s, and NYC Looks to Redevelop the Garment District

Image courtesy of stylebistro.com

Image courtesy of stylebistro.com

Anna Wintour is coming to the small screen, accompanied by Tina Brown, that is!! Bravo will be producing a television series based on the rivalry between editors Anna Wintour and Tina Brown.

“All That Glitters” based on Thomas Maier’s book, “Newhouse” will follow the careers of Anna Wintour of American Vogue and Tina Brown’s career at Vanity Fair and The New Yorker with a glimpse at the behind-the-scene rivalry at Conde Nast between the two women. (Sound familiar, did anyone watch FX’s “Feud”.)

Lawrence Konner and Mark Rosenthal will respectively direct and produce the series. Sony Pictures Television and Universal Cable Productions will produce the series.

John_Elliot

Bye, bye American pie

The defections from New York Fashion Week (NYFW) keep adding up. John Elliot is the latest defector, choosing to show in Paris over New York Fashion Week: Men’s in July. Add to the list Rodarte and Proenza Schouler, who are also opting out of showing in NYC.

New York Fashion Week Men’s (NYFWM) that launched a few years ago was created to keep American menswear designers showing in NYC on a schedule the aligned more with menswear market week and the shows in Europe. Unfortunately, in its fourth season, NYFWM has failed to attract high-end European menswear designers and the foreign press. In just a few seasons, established American menswear designers are starting to bleed away.

What will IMG and the CFDA do to stop the bleed?

Anna+Sui+Erickson+Beamon+Fall+Winter+2011+-e895dZFQpol

Anna teams up

Macy’s is in the habit of collaborating with high-end designers. In the past the major clothing retailer has collaborated with Cynthia Rowley, Giambattista Valli, Karl Lagerfeld and others. Add Anna Sui to Macy’s extensive list of collaborations.

Anna Sui will collaborate with Macy’s in-house brand, INC International Concepts for a capsule collection that will be in stores in September. The Anna Sui x INC collaboration will be available online and in 25 Macy’s stores. The capsule collection will include men’s and women’s pieces, as well as accessories.

Image courtesy of zady.com

Image courtesy of zady.com

A new Garment District

Because of lagging sales, these kinds of collaborations are necessary to get Macy’s retail sales numbers back on track. Macy’s stock recently fell 14.5 percent. Coincidentally, 2017 is proving to be a record year for Anna Sui, with sales exceeding expectation.

There is a lot of restructuring going on in the garment industry. First, there is Mayor DiBlasio’s rezoning of the Garment District and the New York City Council’s aim to boost garment manufacturing. Leading this initiative is Deputy Mayor for housing and development Alicia Glen, who is forming a steering committee to look into revitalizing the Garment District.

“We believe in New York City’s future not just as a capital of fashion design and marketing, but of home-grown garment manufacturing. That’s why we’ve invested more than a quarter billion dollars in the industry,” explains Glen in a recent article in fashionnetwork.com.

“There is more and more consensus that the outdated preservation requirement has not proven effective at securing this industry the affordable, quality manufacturing space it needs. Thirty years of continuous job losses prove it. It’s time for a new approach to get this industry thriving again. We are investing heavily in new, quality space in Brooklyn with the affordable, long-term leases fashion firms need to grow their businesses,” Glen added.

“I expect by late August we’ll have a plan we can all be proud of. Our steering committee will gather experts and representatives from all major stakeholder—manufacturers, labor, designers, and more—to examine the data, hear from everyone, and achieve consensus,” Brewer said.

—William S. Gooch

 

Fashion News Alert: Coach Acquires Kate Spade, Paris Jackson Signs with Calvin Klein, Dame Anna, and French Lawmakers Fight Against Model Thinness

Paris Jackson at the 2017 Met Gala. Image courtesy of justjared.com

Paris Jackson at the 2017 Met Gala. Image courtesy of justjared.com

 One of the Jackson tribe is fronting for Calvin Klein, and it is not Janet, Latoya or Tito. Paris Jackson, the 19-year old scion of pop legend Michael Jackson, has signed a reported seven-figure salary as the face and body of Calvin Klein.

Paris Jackson will join the likes of Lauren Hutton and the cast of “Moonlight” as inspirational subjects for Calvin Klein Creative Director Raf Simons. There are still no details on what Paris Jackson will be modeling for the brand.

Image courtesy of ppcorn.com

Image courtesy of ppcorn.com

Kate Spade buyout

On Monday, Coach acquired Kate Spade for 2.4 billion dollars. In December 2016, the Wall Street Journal revealed that an acquisition of the brand was afoot. Kate Spade and Coach’s board of directors unanimously approved the acquisition deal that is expected to close in the third quarter of 2017.

“Kate Spade has a truly unique and differentiated brand positioning with a broad lifestyle assortment and strong awareness among consumers, especially millennials. Through this acquisition, we will create the first New York-based house of modern luxury lifestyle brands, defined by authentic, distinctive products and fashion innovation,” says Victor Luis, chief executive officer of Coach.

Although this acquisition may look like a done deal, there are some fiduciary duties that may have been breached in that the buyout may have been too low, affecting current shareholders and perhaps, the Kate Spade brand did not adequately pursue other alternatives to a buyout prior to the acquisition.

Image courtesy of usatoday.com

Image courtesy of usatoday.com

Dame Anna

You will now have to call Anna Wintour, Dame Anna Wintour.  Last Friday, for her contributions to fashion and journalism, Queen Elizabeth made Anna Wintour a Dame of the United Kingdom.

The 67-year old editor-in-chief of American Vogue has been at its helm for over 30 years, the longest appointment in the magazine’s history. Her 30-year history at Vogue has made her one of the most influential people in fashion.

Image courtesy of poandpo.com

Image courtesy of poandpo.com

The skinny on the French

French lawmakers have now passed a law that in order for fashion models to work in France they must have an occupational health certification. Also, the new law states that if body images have been retouched to make the model look thinner or more fleshed out, there must be a notification that the body image has been retouched.

“It will be mandatory for pictures used for commercial purposes to carry the `re-touched picture´ mention if a model’s physical appearance has been modified, whether fleshed out or made thinner, by means of an image editing software,” wrote the French Health Ministry in a press release. ”The [fashion] industry was involved in the drawing up of these decrees, and was therefore informed in advance,” said the Ministry.

The health certificate will be valid for up to two years and will certify, “The person’s overall health [...], evaluated specifically in terms of their body mass index, allows them to carry out the job of fashion model.” This new legislation comes on the heels of outrage from consumers and French media over the extreme thinness of some models in recent fashion campaigns and editorials.

—William S. Gooch

 

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