COMING CLEAN BEACH BOY MICHAEL KORS HEADED SOUTH FOR AN EVENT IN PALM BEACH. PAGE 10 WWD TUESDAY, MARCH 10, 2015 ■ $3.00 ■ WOMEN’S WEAR DAILY Rare Avis Genuine fashion has been on the endangered COLLECTIONS species list this season. A rare sighting FALL 2015 came at Givenchy, where Riccardo Tisci drew from a pair of disparate influences — Victoriana and the aggressive flamboyance of Latin American chola girl style — for a collection that was an exquisite expression of moody chic. Here, his peacock print beauty. For more from the shows, see pages 4 to 7. PARIS PHOTO BY GIOVANNI GIANNONI VANESSA’S VIEW THE NATIONAL RESOURCE DEFENSE COUNCIL’S CLEAN BY DESIGN PROGRAM IS EXPANDING. PAGE 9 VANESSA SEWARD GETS SET TO UNVEIL THE FIRST COLLECTION UNDER HER OWN NAME. PAGE 12 BIDS $22.4 BILLION A Megadeal for Malls: Simon Chases Macerich By DAVID MOIN SIMON SAYS it wants Macerich for $22.4 billion — but Macerich says not so fast. “They are a long, long way from a deal,” said one developer, who requested anonymity. “Nothing is going to happen unless the Macerich board believes it’s a compelling situation and there’s nothing compelling with what’s being offered now.” “They are going to fight it. They are going to fight it hard and may even call the FTC [Federal Trade Commission] to get into it,” said retail analyst Walter Loeb. On Monday, the Simon Property Group got a cool response from Macerich Co. in response to a letter from chairman and chief executive officer David Simon offering to buy Macerich for $91 a share in cash and stock. Macerich advised its shareholders to take no action at this time and stated that its board will review the proposal with its financial and legal advisers, which could be code for formulating a defense strategy. Macerich and Simon officials were not available to comment. Simon, based in Indianapolis, and Macerich, based in Santa Monica, are the largest and third largest mall companies in the U.S., respectively. If Simon prevails in its takeover attempt, the combined company would create a property juggernaut with nearly 290 properties with 243 million square feet, including some the biggest and healthiest shopping centers in the country. At Simon properties, sales per square foot rose to $619 last year, versus $582 in 2013. The occupancy rate rose to 97.1 percent from 96.1 percent. Macerich reported $587 in sales per square foot in 2014 versus $562 the year before. The occupancy rate was 94.4 percent last year, compared to 94.6 percent in 2013. The total value of the proposed transaction is $22.4 billion, including the assumption of Macerich’s $6.4 billion of debt. Macerich shareholders would receive 50 percent cash and 50 percent SEE PAGE 8 Apple Watch Lines Up Fashion Retail World By KARI HAMANAKA and MILES SOCHA SAN FRANCISCO — The Apple Watch is here at last — and the fashion retail world is getting firmly behind it. The company unveiled details of the long-awaited — and much-hyped — smartwatch, its first new product since the release of the iPad five years ago and its first true fashion item, at a media event here Monday that also included a slew of other product announcements, apps and an update on retail growth in China. The mere revelation in the fall that Apple was planning to enter the category sent other watch brands scurrying to compete and could prove the catalyst that the yet-to-take-off wearables sector needs. None of that will be clear until after April 10, when the watch is available for preorder. It begins shipping April 24 to select countries, including the U.S., U.K., France, Japan, Australia and Canada. While the initial frenzy over the device is likely to be immense, the question remains whether it will be seen as a tech product, a fashion one — or both. “I’m not predicting [sales numbers] today, but I’m really confident,” Apple chief executive officer Tim Cook said as he walked past reporters out of the company’s demo area following the media presentation. Apple Watch will be available to preview at Galeries Lafayette in Paris, Isetan in Tokyo and Selfridges in London on April 10. It is understood those doors will host shop-in-shops in high-visibility locations custom-designed to support high service SEE PAGE 12 WWD TUESDAY, MARCH 10, 2015 WWD.COM Bangladesh Factories Get Funds By KRISTI ELLIS WASHINGTON — The Alliance for Bangladesh Worker Safety said it has reached a breakthrough in providing affordable financing to hundreds of its garment factories in Bangladesh that are undergoing extensive remediation to comply with new fire, building and electrical standards. “Our goal is to create a credit facility of $20 million to $35 million via five local banks,” the Alliance said in an 18-month progress report released Monday. The Alliance, which includes Wal-Mart Stores Inc., Gap Inc., VF Corp. and Target Corp., said it will work in partnership with international fi nance institutions to provide fi nancing to Alliance factories through the new credit facility. To “encourage” the banks to provide loans ’’ ’’ Our goal is to create a credit facility of $20 million to $35 million via five local banks. — ALLIANCE FOR BANGLADESH WORKER SAFETY to member factories, the Alliance said it will provide technical assistance to the financing organizations on remediation progress and cover administrative and start-up costs and up to $2 million in a “first-loss guarantee.” “Although this facility is still in the start-up phase, it represents an important breakthrough in providing access to affordable financing,” the Alliance said. The proposed financing comes at a pivotal time for the group, one of two industry initiatives launched in the aftermath of two factory tragedies that claimed the lives of more than 1,240 people and cast a global spotlight on Bangladesh’s garment industry. Remediation of the factories and training is a massive undertaking. One official at the Bangladesh Garment Manufacturers and Exporters Association put the price tag of remediation at about $3 billion for about 1,000 factories that will be required to relocate. In its updated progress report on Monday, the Alliance said it has nearly tripled its staff to address remediation challenges and efforts in Bangladesh after completing the inspection of 587 factories used by its member companies in July. The Alliance said four of its members have launched their own supplier financing arrangements, while low-cost remediation loans have been issued to an initial group of suppliers. Suppliers not covered by bilateral financing programs will have access to the new credit facility that was announced. On the remediation front, the Alliance said it has conducted more than 100 verification visits to factories and approved nearly 300 corrective action plans to the factories where its members source. It also said 10 percent of the factories will undergo final inspections by July 9 and expects to complete 100 percent of fi nal inspections by July 2017. To date, the Alliance has brought 19 “immediate risk” cases to a Bangladesh government-established review panel that determines whether a factory should be closed or continue operating under reduced capacity. The panel has fully closed five of those factories, partially closed 12 factories and allowed two to operate with reduced loads. It has also trained more than 1.2 million workers for fire safety, and it will review training for new and existing workers with a target date of rolling out new review training programs by July. Security guard training is also slated to be completed by July. The alliance also said it expects 100 percent of all factories to be trained on a worker help line, where workers report problems and imminent risks, by July 2016. To date, more than 500,000 workers in more than 300 factories have access to the help line. Another commitment involves teaming in a project with the ILO to pilot Occupational Safety and Health Committees in 10 factories by June. Ellen Tauscher, independent chair of the Alliance, said despite the progress, “The Alliance is concerned that our efforts have been slowed during the current violence, turmoil and uncertainty in Bangladesh. We call upon all parties who are committed to a vibrant and successful Bangladesh to resolve differences through dialogue rather than violence….We are committed to meeting our ambitious goals and will continue to do our part to protect workers, upgrade factories and help build a sustainable and safe ready-made garment sector.” Urban Outfitters Q4 Sales Rise 12% By SHARON EDELSON URBAN OUTFITTERS INC. is beginning to see some positive signs in its namesake business. But the retailer still has work to do. Fourthquarter net income declined 9 percent to $80 million from $88 million in the 2014 quarter, and 18 percent to $232 million for the year ending Jan. 15, compared with $282 million in 2014. Earnings per diluted share were 60 cents in the fourth quarter, beating analysts estimates of 58 cents a diluted share. EPS for the year came in at $1.68. Fourth-quarter sales rose to $1.01 billion, a 12 percent increase over the prior-year period. For the year, total company net sales increased 8 percent to a record $3.3 billion from $3.08 billion in 2014. Comparable retail segment net sales advanced 2 percent and wholesale segment net sales increased 27 percent in the fourth quarter. By business, comparable retail segment net sales increased 18 percent at Free People, 6 percent at Anthropologie Group and 4 percent at Urban Outfitters, while wholesale segment net sales rose 21 percent. Richard Hayne, chairman and chief executive officer of Urban Outfitters Inc., said double-digit sales gains in Web and mobile full-priced selling contributed to a strong start to fiscal 2016. But consumer demand has shifted from higher to lower-margin categories, so to continue operating at profitable levels, the business must avoid excessive markdowns. The Urban Outfitters brand reported a 10 percent gain in net sales to $438.4 million in the fourth quarter from $398 million in last year’s fourth quarter. For the year, the division logged a 1.47 percent increase in sales to $1.38 billion, from $1.36 billion in 2014. “The Urban brand is in a much better position than this time last year,” said Tedford Marlow, ceo of Urban Outfitters Group. “We’re still a work in progress. We’re beginning to see the fruits of our labor. We realized quarter-to-quarter improvement, culminating in positive comp performance in the fourth quarter. While it’s true that our comparisons were easier in the back half of the year than the front half, we have seen improving rhythm. I have cautious optimism for 2016, versus a high level of concern at this time last year.” The poor performance of the Urban brand in the third quarter was the primary reason for the company’s gross profit rate decline of 295 basis points in the three months ending Oct. 31 and 233 basis points in the nine months ending Oct. 31, driven by Urban’s lower initial merchandise markup followed by higher markdowns. Elsewhere, “Free People delivered another excellent quarter,” Hayne said, adding that the division posted record fourth-quarter results, double-digit sales gains and record operating profits with wholesale revenue growth 21 percent ahead. Free People’s newest category introduction, footwear, gained significant traction, with Nordstrom, Bloomingdale’s, Galeries Lafayette, Isetan and the Bay among the retailers selling the product. Anthropologie also posted record sales and profits, according to Hayne, with 14 “highly profitable” new stores generating strong consumer demand. BHLDN, an Anthropologie Group brand, “had a breakout quarter and year in each of its distribution channels with double-digit sales gains,” Hayne said. A BHLDN shop-in-shop is slated to open in Atlanta and a pop-up shop will be unveiled in London on Kings Road. “The power of the Anthropologie brand is a testament to the multicategory strategy,” Hayne said, adding that the division is focused on expanding its home business. Anthropologie dropped a home-only catalogue last year and has several planned for 2015. THE BRIEFING BOX IN TODAY’S WWD They Are Wearing: Paris Fashion Week. For more, see WWD.com. PHOTO BY KUBA DABROWSKI 2 The Simon Property Group got a cool response from the Macerich Co. in response to a letter offering to buy Macerich for $91 per share in cash and stock. PAGE 1 The Apple Watch was revealed at a media event Monday that also included a slew of other product announcements, apps and an update on retail growth in China. PAGE 1 The National Resources Defense Council’s Clean by Design program is causing an evolution in textile manufacturing, fabric dyeing and finishing. PAGE 9 The Kooples is slated to open its fifth American boutique on SoHo’s Mercer Street on March 22, its second store in New York. PAGE 9 At a Sunday night screening of “Cinderella,” Lily James, the actress playing the title role, was gushing and gushing about her leading man, Richard Madden. PAGE 10 Citizens of Humanity has acquired a made-in-Japan men’s line called Fabric-Brand and renewed its focus on niche women’s label Goldsign. PAGE 11 Jamie Bill has been named executive director of Condé Nast Global Development, a new post similar to the one Gina Sanders held until earlier this year. PAGE 11 Bally plans to tap into the leather crafting skills of sister firm Zagliani, taking over the latter’s renowned Milan atelier to boost its own production of high-end bags and accessories. PAGE 11 Camuto Group has made several key leadership changes following the death of Vince Camuto, founder, chief creative officer and chief executive officer. PAGE 12 Vanessa Seward went for a decidedly retro-inspired mood for the first ready-to-wear collection designed under her own name, slated to launch today. PAGE 12 ON WWD.COM PARIS TAW: Statement outerwear was the predominant fashion story in Paris as brisk temperatures hit the fashion capital. For more, see WWD.com. FOLLOW US ON SOCIAL MEDIA @ WWD.com/social TO E-MAIL REPORTERS AND EDITORS AT WWD, THE ADDRESS IS FIRSTNAME_LASTNAME@FAIRCHILDFASHION.COM, USING THE INDIVIDUAL’S NAME. WWD IS A REGISTERED TRADEMARK OF FAIRCHILD PUBLISHING, LLC. COPYRIGHT ©2014 FAIRCHILD PUBLISHING, LLC. ALL RIGHTS RESERVED. PRINTED IN THE U.S.A. 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Digital Forum Ulric Jerome MatchesFashion.com Ld Nicola Formichetti Diesel LONDON April 30, 2015 Steve Miles Joël Palix Sandrine Deveaux feelunique.com Harvey Nichols Unilever Claudia Shishova Chalhoub Group summits.wwd.com ATTEND: KIM_MANCUSO@FAIRCHILDFASHION.COM, 646.356.4722 EVENT SPONSORS SPONSOR: AMBER_MUNDINGER@FAIRCHILDFASHION.COM, 646.356.4718 4 WWD TUESDAY, MARCH 10, 2015 Paris Collections Fall 2015 Givenchy: Riccardo Tisci’s soft-spoken manner belies a tenacity of will and vision. He finds inspiration in often gritty stimuli and if such triggers controversy, so be it. Enter his fall chola girl, whose “aggressive aesthetics” cited in his program notes provided half of a culture clash created in juxtaposition with elements of moody Victoriana. Through a seedy, meandering set cluttered with arcade games and motorcycle helmets, the models walked, their hair in tight, braided loops with exaggerated curls plastered onto cheeks and foreheads, framing facial jewelry that replicated piercings and tattoos. They looked beautiful and fierce. One of the great things about fashion is that it can be (should be) gloriously resistant to accuracy; in the mind, the Latin toreador and Victorian gentleman have little in common. But on Tisci’s runway, short, trim jackets over sleek pants transitioned seamlessly to tailcoats, some with peplums or double cutaways; some piped in un-Brit scarlet. The superb tailoring was sensual but seldom arch, with considerable diversity within the sphere. For example, while most jackets veered sleek, a pair of jeweled stunners featured dropped shoulders and short, cocoon-like sleeves. Lovely dresses came mostly in velvets — cut, printed, crushed — some corseted, some almost medieval in their fluid lines and Byzantine palette. One loose-fitting outlier: a sapphire gem with openwork bodice and full, rounded sleeves. Tisci also showed a peacock print, no doubt a deliberate choice representative of both dandyism and street cred. Backstage, Tisci’s pal Kanye West proclaimed it “the best f-king show!” Though perhaps a more raw appraisal than might first come to mind, in expletive veritas. It was fabulous. Whether cultural critics deem it so remains to be seen. If some in the Latin American community take umbrage at what they consider opportunistic invocation of a particular, hard element of Latin culture, who is any of us on the outside to tell them they’re wrong? If I’m insulted, hearing that something wowed the fashion crowd is not a plus. But fashion has always looked to other cultures, sometimes marginalized cultures (Saint Laurent’s gypsies), not only for inspiration but for context. Trivializing a culture in the interest of delivering a nifty frock isn’t a good thing. That doesn’t make dealing with challenging issues in a creative context — something once considered an essential role of fashion — a bad thing. — BRIDGET FOLEY Saint Laurent: Over the past several years, a new template has emerged in fashion. While not the only major house template, it’s becoming the dominant one. This template is marketing-driven, with genuine fashion secondary (at best) to broad-based stylistic accessibility and a cool image. Nowhere has this template Givenchy been put into effect more efficiently or with greater immediate success than at Saint Laurent during Hedi Slimane’s still-brief creative tenure, which, from the standpoints of marketing and bottom line, must be considered brilliant. Slimane has orchestrated the explosion of what is essentially a red-hot-highticket-item business around an image of familiar-looking disaffected youth. His shows are variations on a theme: elaborate, electronic-gadget set; retro bad girls, too-cool-for-you music; clothes you remember from high school, whether your own stint or somebody else’s. Here, the retro pilfered more recent turf than some of Slimane’s prior outings, more Nineties than usual, on girls who, in their black-crayon eye makeup and unimaginatively ripped fishnets, ranged in type from wayward street urchin to hooker. Yet, whether a function of upgraded clothes or fashion’s old “the eye adjusts” truism, they played as less irritating than in the past. And some of their clothes impressed. The girls walked to a version of a song called “Pretty Boy,” done for the show by The Felines. You’ve got the title, you’ve pretty much got the lyrics and an obvious connection, intentional or otherwise, to the looks on the runway, as Slimane reprised for women the skinny men’s wear on which he made his reputation. Some of the pants will fly out of the stores; others were too tawdry for the tackiest ladies of whichever “Real Housewives” franchise is tackiest. While one hopes, perhaps against hope, that the slick floozy dresses remain a runway-only wink-wink, other items should do huge business, specifically, the coats and jackets. Slimane made a big, merchy show of them — mannish overcoats, blazers, motorcycle jackets — some good, some great wardrobe-core basics, and one, a fun over-thetop intarsia fur. But do good, basic pants, even the best basic pants, and a spiffy topper, belong on the runway? That topic — the decline of fashion expectation on the runway — has been fodder for significant conversation throughout the season, yet no one anticipates a sea change anytime soon. Once upon a time, a designer put such basics on the runway in the context of a larger piece of sartorial storytelling. With two days left to go in the fall season, more often than not, the story has been, here’s the merch; we hope it sells. At Saint Laurent, if recent history is an indicator, the merch should sell like crazy. — B.F. Stella McCartney: For fall, Stella McCartney entered the season’s discussion about pragmatic sensuality, especially as it applies to day clothes. There was a sense of exhale, of letting go, of examining whether a woman can reveal her sensual side, embracing innate rather than pat ease while still dressing in ways that work. McCartney’s conclusion: a resounding yes. An engaging sophistication permeated the Saint Laurent FOR MORE IMAGES, SEE WWD.com/ runway. collection in which she both pushed and relaxed her specific parameters of femininemasculine plays and deftly manipulated classics. Thickknit sweater dresses worked on a slant and half open at the side over languid underpinnings bared an arm, a shoulder, a glimpse of leg. Bustiers in lightweight wools delivered discreet allure, matching trousers and long-sleeved shirts. McCartney loves her Savile Row references and here delivered them with new femininity. Even at her most streamlined, she incorporated ladylike flourish: charming godets punctuating the hems of cropped pants under a chic belted coat; mannish tweeds turned a shade gentle but unfussy in coats and dresses cut lean through the waist before erupting into a swing of handkerchief points. The graceful ease continued for evening as McCartney made seemingly casual use of lush metallic jacquards and brocades, incorporating swirling insets into ivory dresses for a lovely, quietly sexy effect. Lovelier still: her fab no-fur furs. After much consideration, McCartney introduced the idea for pre-fall and continued it here. The coats looked great and indicated not a shift in her thought process — she remains vehemently antifur — but WWD Tuesday, March 10, 2015 5 WWD.COM Sonia Rykiel Photos by Giovanni Giannoni Stella McCartney growth in her problem-solving acumen. Her process is not unlike those faced daily by her constituency of working women, which is why she relates so well to their needs. — B.F. Sonia Rykiel: Julie de Libran arrived at Sonia Rykiel last spring with a firm handle — but a light touch — on the personal aspect of the brand. Sonia Rykiel is not just a label, but a woman with a shiny personality that’s she passed down to her daughter and granddaughter, both still actively involved in the business. It’s part of the charm. De Libran has taken great care to capture that intimacy in her collections, the clothes and the runway atmosphere. As with spring, the fall show took place in the SaintGermain-des-Pres store, which was transformed into a darling literary cafe pop-up (two more are planned for London and Tokyo) filled with 50,000 books with titles on visual arts and erotica for the dressing rooms, where mirrors encourage self-discovery, as show notes pointed out. The Rykiel muse desires intellectual and visual stimulation. De Libran’s collection delivered the latter by referencing the looking glass. “Mirrors never lie,” she said during a preview. “You have the reflection, and you get so much light.” She turned the concept literal on sassy silver leather flared jeans, a grommeted miniskirt and an apron dress in silver and black snakeskin stripes. On the reverse, loads of rich, light-absorbing velvet brought an attitude of depth and mystery. Some of the best looks came in deep navy, green and brown velvet, such as a printed jumpsuit and cape ensemble and variations on tabards worn over skinny pants. Flashier than spring, and not just because of the theme, the collection included gorgeously glam fur knits and sequined knit dresses, both done in stripes, that were not so innocent. These were clothes made for flirting, perhaps with the cute boys on the runway who wore new versions of the classic Rykiel unisex striped sweaters. — JESSICA IREDALE 6 WWD Tuesday, March 10, 2015 Hermès: Perhaps there is no more careful a custodian of brand image in fashion than Hermès. The house is synonymous with and defined by the highest level of impeccable taste and classic luxury that actually fits the definition of “timeless,” a word most overused in this industry. Surely Nadège Vanhee-Cybulski was fully briefed on the finer points of the company values when she accepted the position of women’s creative director last year. In fact, it seemed like management drilled the message into her. “I wanted to go back to the roots of the house, which is saddle-making, and within that, it’s all about expertise in leather,” said Vanhee-Cybulski after the show. “When you go to a house like Hermès, you have to work on leather. I really wanted to pick up the heritage, the ancestral tradition and bring them along to a contemporary woman.” The runway displayed all of what the house holds sacred: Leather craftsmanship flaunted on sparely cut riding coats in blue/black lambskin and slim, straight-leg pants in vertical strips of different leathers and suedes; the iconic scarves retuned as a silk sailor top and invertedpleat skirt, both in saturated pimento red; equestrian codes worked as navy blanket coats with burgundy and light blue stripes, and the pockets on a coated quilted jacket done in exaggerated saddle shapes. The overall look was minimal, with tradition guiding everything to a tasteful place on the luxury spectrum, where decorum took the blue ribbon and fashion was a distant runner up. The most enticing, directional things in the lineup were worn for the final look: An ivory high-necked dress with a shirtfront and a beautiful, crafty necklace in rose gold, diamonds, navy suede, and orange, blue and yellow sapphires, and the skinny belts with a minimal, deconstructed take on the “H” buckle. VanheeCybulski joined Hermès with an impressive pedigree from Céline and The Row, two labels that take pride in minimalism but do so audaciously. Now she knows the Hermès rulebook. Hopefully she’ll remember some of what she learned earlier in her career going forward. Hermès Giambattista Valli Sacai COLLECTIONS PARIS FALL 2015 — JESSICA IREDALE Giambattista Valli: The most striking thing on Giambattista Valli’s fall runway was not his trippy floral treatments and graphic motifs that brought to mind midcentury interiors deliberately clashed according to the ugly/pretty formula of bad taste gone good; it was the plethora of pants. The majority of the collection was shown with flared trousers, lean and elongated through the leg — the silhouette Valli favors, though he typically doesn’t send it out in such numbers. Change is good. The designer known for his PYT dresses seemed to be diversifying, embracing the late Sixties/early Seventies shapes of his spring collection — shifts and tunics over pants — with increased vigor, putting the focus purely on daywear, or at least what qualifies as daywear in fashion shows. The pants had a great line. Too bad Valli obscured it under shift dresses, or extralong tunics depending on one’s point of view. Separately, the pants and tops were done in simple, wearable shapes, which the designer went out of his way to offset with psychedelic colors — pink, acid green, black-andwhite splashed with graphic red — and prints. Many of the dresses had wavy embroidered yokes or lavishly ruffled high necklines and blouson sleeves for a folkloric effect. At times the jarring pattern plays and exuberant decorations were excessive, though that was the point. Affixing a gold bird to the collar of an embroidered shift and matching pants in a pink, green and black wallpaper print, for example, was not a gesture of understatement. — J.I. Sacai: Chitose Abe has proven she’s not hemmed in by her signature hybrid silhouettes. If anything, it seems her commitment to crossbreeding multiple garments into one has forced her to be more experimental, that constant quest to keep it fresh. It’s an admirable quality in any designer, even if some of the experiments don’t result in success. For fall, Abe pushed a harder line than in past collections, particularly with the outerwear, which was expertly constructed, as always, but bulky. She blended plain, utility-driven masculine tailoring with couture shapes, yielding volume and rigidity. Oversize tailored coats in hefty wool had stiff funnel necks and exaggerated sleeves trimmed in long, shaggy fur. Some were detailed with quilted inserts or aggressive moto-leather trim that progressed into more elaborate colorblocking on ivory and navy leather and fur coats. The finale was a series of parkas trimmed in linear patterns of red, blue and brown fur. The styles were impressive yet imposing, apparently built to withstand the most extreme weather. The grand proportions and heavy fabrications might have been good for looking chic on the tundra, but you had to wonder if the models had any breathing room under there. Softer and more manageable were the electric Bajas and spliced sweater looks in variations on Nordic knits as well as crafty compilations of cable knits and military WWD Tuesday, March 10, 2015 7 WWD.COM Karl Lagerfeld Fall 2015: Roger Vivier Veronique Branquinho Hermès, Valli, sacai and BranquinHo pHotos By GioVanni Giannoni; laGerfeld and ViVier By dominique maître AFTER A DECADE as creative director at Roger Vivier, Bruno Frisoni still has plenty of rich house history to explore. For fall, he made a play on the buckle following a visit to a Vienna museum, where works by Austrian architect Josef Hoffmann inspired him to overlap rectangle shapes on a series of shoes, bags and jewelry. For more images, see WWD.com/ runway. thermals. Done in turtleneck dresses and coats with flared skirts, the shapes were worn with relative ease. — J.I. Karl Lagerfeld: So the big news is that Choupette is in love. Karl Lagerfeld’s pet Birman is depicted on tote bags and T-shirts — hearts in her eyes in lieu of pupils — sidling up to a cool-cat suitor who wears sunglasses like the man of the house. More substantial and serious clothes in Lagerfeld’s fall range included stadiumlength cocoon coats in a bold bouclé — the main alternative to the maxi this Paris season — along with tweed cardigan jackets and lamé dresses the color of pink champagne patched with black velvet circles, leather squares or sparkly stars. These details added that thrum of rock ’n’ roll that defines this contemporary range, as did mainstay pieces like biker leather jeans and perfectos, this season in an offbeat Army green. Accessibly priced leather goods — a cornerstone of the business — included a new range of small saddlebags with pin-lock closures and a boxy acrylic clutch with one of those wry messages known as a “Karl-ism”: Luxury is a discipline. — MILES SOCHA Veronique Branquinho: Leave it to Veronique Branquinho to incorporate lines of Emily Brontë into a Fair Isle sweater. That item captured the brooding, yet romantic spirit of her fall collection, where sweet and demure shapes collided with acres of paperthin black leather and nubby, thrift-shop tweeds. This was a fine, backto-the-roots effort for the Belgian designer, revisiting her long, accordion-pleated skirts paired with lacy blouses or silky ones with bow ties. Flaring maxi coats and dramatic, billowing leather cloaks yearned for the wiley, windy moors — or some hip district like the one blossoming around Antwerp’s Museum aan de Stroom, which Branquinho talked about backstage. The granny tweeds in browns and rust looked cool, mounted as pockets and panels on technical mesh — or as a bib-front on a blouse or long silken dress in offbeat colors like daffodil and mint. The dignity, finesse and quiet melancholy of the clothes added up to a tender fashion moment. — M.S. Frisoni also channeled the mystique of Catherine Deneuve in the film “Belle de Jour” with the Belle Vivier pump and stretch-leather thigh-high boot. The house is recognized as having pioneered stretchvinyl boots — Brigitte Bardot memorably wore them as she posed atop a motorcycle in 1967 — and the designer’s update featured a new trumpet-shaped heel. He further refined the buckle and constructed the boot so it appeared to be a pump with a leather stocking leg. To appeal to a younger customer, Frisoni introduced a crossbody pouch to his Prismick line. Available with fringe or studs, it came about after a visit to a Parisian disco with a friend who was wearing a diminutive bag. “It was important to address the new contemporary girl and her style,” he said. “We had to update the Vivier woman. We have to face it, no? Something changed in the fashion world and how we dress and live.” A more youthful vibe was also evident in what Frisoni called his “T-shirt line,” a group of shoes and bags printed with bold stripes and dripping paint à la Jackson Pollock, as well as shearling ballerinas and rubber-soled boots designed for urban environments in winter. — ROXANNE ROBINSON 8 WWD TUESDAY, MARCH 10, 2015 MERGERS & ACQUISITIONS Could Macerich Takeover Aid Failing Mall Industry? PHOTO BY BRENDAN HOFFMAN/GETTY IMAGES {Continued from page one} Simon common stock, utilizing a fixed exchange ratio. Simon noted that its offer represents a 30 percent premium over Macerich’s closing stock price of $69.88 on Nov. 18, the day before Simon disclosed its 3.6 percent investment in Macerich, which is equivalent to 5.71 million shares. The investment triggered speculation that Simon would bid on Macerich in light of Simon’s track record as a consolidator. Simon’s bid represented about a 5 percent premium on Macerich’s stock close last Friday at $86.72. Macerich’s stock jumped 7 percent, or $6.04, to $92.76 on Monday on news of the bid, suggesting investors think Simon will raise its offer. There’s also a side deal on the table, which would reduce the number of properties in the combined Simon/Macerich entity. Simon said it reached an agreement in principle to sell selected Macerich assets to General Growth Properties Inc. in connection with the closing of a Macerich acquisition. Simon and GGP did not disclose which properties would be involved. By doing the side deal involving unloading certain properties, Simon eliminates a potential rival bidder for Macerich and could ease some FTC concerns. A megatakeover could be just what’s needed for the ailing mall industry. While it does flag the difficulties malls are having with losing traffic and sales to the Internet, and with declining property values, the proposed deal also points up to the possibilities. By buying Macerich, Simon would gain a bigger foothold in California, which is dominated by Macerich and Westfield Corp., another leading mall owner and operator. Simon would have greater clout in negotiating leases with retail tenants and An acquisition by Simons Property Group of Macerich would include Tysons Corner Center in Virginia. could create bigger partnerships with retailers across larger footprints, faster and with greater efficiency. Simon could also roll out some of its new “omni” oriented technologies and marketing strategies across Macerich properties as well as its own. Simon, a former banker who took over the reins of the family business in 1995, has been aggressive about putting the real estate company on the acquisition trail. It has purchased Premium Outlets, The Mills and a 28.9 percent ownership interest in Klépierre, which has shopping centers in 13 European countries. Last January, Simon completed the acquisition of Jersey Gardens in Elizabeth, N.J., which was renamed The Mills at Jersey Gardens, and University Park Village in Fort Worth, Tex. Just last month, Simon formed a joint venture with Hudson’s Bay Co. for property acquisitions and to strengthen owned properties. Risk. Simon’s bid for Macerich furthers speculation that some malls, in the age of the Internet, are undervalued. Still, Simon’s overtures haven’t always been met with open arms. A hostile $1.68 billion bid for Taubman Centers in 2002 was thwarted after the governor of Michigan, where Taubman is based, signed a law to protect REITs from unwelcome offers. Starting in 2009, Simon made several bids for the-then bankrupt GGP, but threw in the towel when an investor came in with a recapitalization plan. In his letter sent to the Macerich board, Simon wrote: “Notwithstanding multiple attempts, including meetings in December 2014 and February 2015 following the disclosure of our investment in November 2014, Macerich has thus far refused to engage in discussions with us regarding the merits of an acquisition by Simon. Considering the substantial benefits our offer provides, we are confident that, given the opportunity, Macerich’s shareholders would accept our proposal. In fact, many of our overlapping shareholders have voiced enthusiastic support to us for a potential combination since we publicly announced our stake in Macerich. We urge Macerich to forego entrenching defensive tactics that obstruct the will of its shareholders and instead engage in serious discussions with us. It is our strong preference to work with Macerich to reach a mutually beneficial agreement, and we are available immediately to meet with Macerich and its advisers.” Simon owns or has interests in 228 retail real estate properties, representing 189 million square feet including many of the nation’s biggest and most productive malls, among them the Roosevelt Field mall in Garden City, N.Y.; Copley Place in Boston; Dadeland Mall in Miami; The Forum Shops at Caesars in Las Vegas; the Houston Galleria; King of Prussia Mall WE’LL RELIEVE IT. For more than 75 years, Milberg Factors has helped make each factored client’s business transactions a safer bet. As specialists in factoring, working-capital financing, credit protection, and the management of accounts receivables, we take on risk so you don’t have to. We’re an entrepreneurial, family-run company that will get to know your business and build a close, working relationship with you. Whenever you need answers, we’ll get them to you—personally and quickly. So, give us a call! You know we’ll be here. Milberg Factors, Inc. A TRADITION OF ENTREPRENEURIAL FINANCE Call Dan Milberg, SVP, NY 212.697.4200 Dave Reza, SVP, LA 818.649.8662 Ernie White, SVP, Winston-Salem 336.714.8852 www.milbergfactors.com ©2014 Milberg Factors, Inc. Risk_Reformat.indd 1 3/3/15 3:03 PM in Pennsylvania; Sawgrass Mills in Sunrise, Fla.; Town Center at Boca Raton, Fla., and Woodbury Common Premium Outlets in Woodbury, N.Y. Macerich, with 54 million square feet of property, acquired Westcor Partners in Phoenix in 2002 and three years later, bought Wilmorite Properties, based in Rochester, N.Y. Among the biggest and most productive malls in Macerich’s portfolio of 60 properties are Queens Center and Kings Plaza Shopping Center in New York City; Tysons Corner Center in McLean, Va.; Scottsdale Fashion Square in Arizona, and Santa Monica Place in California. “There is a general malaise on the subject of the mall businesses, but all of the mall guys have been talking about ways to support their tenants and their visitors,” said Mortimer Singer, ceo of Marvin Traub Associates. “You can support both by making the experience more interactive, more omnichannel. The best players aren’t just doing business as usual. They are trying to create initiatives that will counterbalance the malaise. Is the mall relevant to the 21st century? I think it still is.” He also said he believes a Simon/Macerich combination would open additional opportunities for retailers, like swifter rollouts across the luxury, midmarket and value-oriented shopping centers that Simon has. Loeb believes Simon could command higher rents as a byproduct of a Macerich deal. “Maybe that will happen, but I don’t think that’s the main reason behind this,” he said. “This creates [greater] efficiency. It’s more about being partners with retailers in the new economy and allows Simon to be quite progressive. Simon has done well with its acquisitions. The properties have prospered under Simon…But there is a problem these days: Simon needs tenants,” Loeb added, noting that many retailers, including Abercrombie & Fitch, Wet Seal, Sears, Gap and others have been closing doors. “Replacing them is difficult these days,” Loeb said. “There are few great new vehicles. It keeps them [mall operators] from being exorbitant in their pricing. Prices will go up, though this puts a damper on it. They have to watch that they don’t price themselves out of business. Every year, retailers expect to see rents rising but it has to be done with an understanding of the marketplace.” Simon said his company has “consistently delivered outstanding returns to its shareholders and, for a decade, has outperformed Macerich in virtually every key operating and financial category…We are confident our proposed transaction provides a highly attractive value proposition to Macerich shareholders.” The mall mogul also cited “a successful track record of integrating and optimizing acquisitions, having successfully orchestrated nearly $40 billion of corporate real estate M&A transactions in 21 years as a public company. Macerich’s assets represent a strong strategic and geographic fit for Simon, and we believe this is an attractive opportunity to create long-term value for Simon shareholders.’ WWD TUESDAY, MARCH 10, 2015 9 WWD.COM TEXTILES Clean by Design Takes on China Mills “We have launched sustainability programs in the last several years that have very ambitious policies and standards, and measurable objectives,” NEW YORK — The National Resources Defense Claquin said. “From the very beginning, the apCouncil’s Clean by Design program is causing an proach was a holistic one that includes social and community. We have a strong commitment to womevolution in textile manufacturing. Clean by Design, which presents solutions en’s empowerment. As for the environment, we try through a set of efficiency improvements for fabric to work on every aspect of the supply chain.” The French group made public its 2016 sustaindyeing and finishing that save money and reduce the environmental footprint, has made inroads at sup- ability targets in 2012. Among them are reducing carbon emissions, waste and water usage by 25 percent; plier factories in China and is set to expand. At a panel discussion last week at the Colony Club eliminating PVC from all collections; sourcing gold, here, Linda Greer, director of the NRDC’s Health and diamonds, leather, precious skins and fur from reEnvironmental Program, opened by showing a video sponsible, verified and sustainable mines or farms, of polluted waterways in China and remarked: “It’s and switching to paper and packaging that is 100 peroften said that you know the color of the fashion for cent sustainable and made from at least 50 percent recycled content. The firm also aims to phase out hazthe next season by the color of the rivers in China.” Greer said when she started working in China, she ardous chemicals from all production by 2020. Now, Kering has designated 25 mills in Italy to realized that she couldn’t use the method of pushing the government to more strictly enforce environmen- work with the Clean by Design initiative, “so we’re tal laws like she might have in the U.S., for example, engaging with the suppliers, which is critical, but because the Chinese government wasn’t interested. it’s also just the first step.” Adam Mott, director of sustainability at The North So she approached the private sector. “We’ve introduced the program now to about 200 Face, said, “We worked with NRDC in China and were able to increase resource efficiency at some of our top mills by 20 percent, and now we’ve taken those learnings and are adapting them to other countries.” Mott said the other key area that North Face has focused on is chemical management. “Chemical responsibility is really important at [parent company] VF Corp. and specifically to us at North Face,” he said. “We didn’t see a program out there that Linda Greer, Laurent Claquin, Adam Mott, Scott Hahn and Angela Lindvall. addressed chemical responsibility on a global scale, so we decided to mills and have carefully tracked implementation to create one ourselves. We’ve been testing the proabout 50 of them,” Greer said. “It’s not just a mat- gram for the past year, year-and-a-half and now are ter of educating the mills, but tracking them and rolling it out on a bigger scale this year. And hopemaking sure pollution actually goes down. We have fully rolling it out to the industry as a whole.” Mott noted that North Face’s connection to envifound that the program works pretty much across all kinds of mills — big, small, old, new; knit, denim, ronmental stewardship used to be focused on conwoven, the whole suite of mills — and in the best servation, then shifted to Life Cycle Assessment, case…our mills have achieved as much as 40 per- working from design concept and raw materials to end-of-life cycle of the product, where it found that cent reduction in their water and energy use.” This has been achieved, she said, through a 10- 65 to 70 percent of the environmental impact was in step best practices program that is practical, low- the manufacturing supply chain. This caused a shift in resource development that cost and easy to implement, and pays the mills back now has the polyester that goes into its signature quickly, usually within a year. “In the past year, we reduced the program to 100 Denali jacket made from 100 percent recycled polymills, tracked 33, undertook 200 improvement proj- ester made from plastic bottles. “Then we started to look at how we process the ects and reduced, in total, 3 million tons of water, 26,000 tons of coal, 36 million kilowatt hours of elec- product — dyeing and finishing — and the next tricity and 400 tons of chemicals,” Greer said. “The thing that we changed was how we dye the prodstar performers — six mills — further reduced about uct,” Mott said. Noting that the dyeing process for fabrics is 20 percent of their water and 10 percent of their energy usage. Cost savings have been similarly very im- chemical-, water- and energy-intensive, North Face switched to yarnpressive — more than dyeing from piecehalf the mills saved dyeing, which saved $150,000 a year or 50 percent of the enmore, five of the mills ergy and water. Then saved $800,000 a year North Face looked and the best mill saved into fabric pattern $3.5 million a year in waste and began these programs. Next using scrap waste in year, the goal is to track the yarns. 100 mills and then exMott, who is also pand into other manua member of the facturing categories. Sustainable Apparel But it’s not like a hot Coalition, told WWD knife through butter. he’s involved in The key to the kingdom working toward crefor us is to work harder ating industrywide with buyers to make — LINDA GREER, NRDC standards that are them require it of their certifiable using the factories, while we Higg Index, a suite of sustainability assessment work harder in introducing the programs.” Greer said the future goals are to expand the tools that evaluate impacts through facility, brand textile program to other countries and more mills, and product, as a guide. Scott Hahn, ceo of Loomstate, which uses 100 perwhile adding more categories such as leather, coscent organic cotton, said, “The concept of sustainabilmetics and electronics. Laurent Claquin, head of Kering Americas, said ity is shifting to the idea of supply chain and comFrançois-Henri Pinault, the parent company’s chair- modity to community, not just being concerned about man and chief executive officer, “has a strong con- the supply chain’s impact, but how are the communiviction for sustainability because he thinks a sus- ties that are making these products doing with education, with child care, with human health issues.” tainable business is a smart business.” The Kooples Ramping Up North American Presence By ARTHUR FRIEDMAN PARIS — The Kooples is forging ahead with its U.S. expansion. The French contemporary brand is slated to open its fifth American boutique on SoHo’s Mercer Street on March 22, its second store in New York. Its first stand-alone Stateside opened last July in Los Angeles. That store was followed by boutiques in San Francisco, Santa Monica and New York City’s Meatpacking District. The brand launched in the U.S. via concessions in Bloomingdale’s stores a little more than two years ago. “We will finish this fiscal year, which ends Aug. 31, with sales of $28 million in the U.S. and Canada,” said chief executive officer Nicolas Dreyfus. “In the first half, we saw same-store sales growth in the U.S. of 9 percent, better than our objectives,” he said.“Meatpacking, in the first half, was in our top-three stores worldwide.” The brand is also performing better than expected in wholesale in the U.S., where it is now stocked at Saks Fifth Avenue and Nordstrom as well as specialty stores. ’’ ’’ ’’ It’s not just a matter of educating the mills, but tracking them and making sure pollution actually goes down. By ALEX WYNNE ’’ In the first half, we saw same-store sales growth in the U.S. of 9 percent, better than our objectives. — NICOLAS DREYFUS, THE KOOPLES “Wholesale will account for 20 percent of U.S. sales this year,” Dreyfus said. “Nordstrom, with the summer collection, to date has already sold 50 percent of stock, which is very rare.” All this is without advertising, which has played a key role in the company’s success in Europe with its branding focused on selling a concept aimed at couples. “We did a fly posting campaign in New York and we work with bloggers, but we are thinking about how to do an original ad campaign in the U.S.,” he explained. “The success of The Kooples is also its communication. The day we attribute a communications budget in the U.S., I believe the sales growth will follow.” Over the next five years, Dreyfus is targeting a total of 20 stand-alone stores and 10 outlets in the U.S. The first two of the latter are set to open before September, which will also see the launch of e-commerce in the U.S. and Canada. The brand’s first three stores in Canada, where it is stocked at Holt Renfrew and Hudson’s Bay, are scheduled to open in late 2015 or early 2016. In the same time frame, a third store in the Los Angeles area, as well as boutiques in Miami, Chicago and Hawaii, should open their doors. Dreyfus is anticipating total sales of 220 million euros, or $243.1 million at current exchange, this fiscal year, which represents 20 percent growth year-on-year in reported terms and a same-store sales increase of 9 percent. He predicts earnings before interest, taxes, depreciation and amortization of 38 million euros, or $42 million, for the period, and this will help fund the firm’s expansion, he said. For the 2019/2020 fiscal year, Dreyfus is targeting total revenues of 550 million euros, or $607.8 million, of which 30 percent should stem from North America. But while the U.S. is The Kooples’ priority right now, the seven-year-old brand is also growing in other markets. It recently moved its headquarters from Place Vendôme here to an expansive private mansion just off the prestigious Parc Monceau, where a giant atrium space filled with modern art and imposing taxidermy creations serves as the brand’s showroom for the eight collections it now produces each year. A fi rst international boutique for casual line The Kooples Sport, launched in 2012 and now representing 25 percent of company sales, opens this week in Berlin. Canary Wharf in London will get its own boutique in two months’ time. Four new French stores are also set to open shortly, and the brand is expanding its existing stores on London’s Carnaby Street and in the Marais district of Paris. The Kooples has 150 wholly owned stores in Europe. It has a total of 360 sales points worldwide. Its first store in the Middle East, in the Dubai Mall, opened last October and is performing well, Dreyfus said. Next month, stores are set for Marina Mall, also in Dubai, Yas Mall in Abu Dhabi as well as boutiques in Doha, Qatar, and Jeddah, Saudi Arabia. Asia is also another expansion zone, but mainly for wholesale, with which the brand is present in South Korea, Singapore and Thailand. It is looking at opening its first Asian store in Hong Kong, potentially next year. 10 WWD TUESDAY, MARCH 10, 2015 A Taste of Havana de Cuba closed in 2011 (due to restructuring of Morgans Hotel Group, a partial owner), it was known more for its celebrity patronage than its plantains. Guests included Michael Jordan, Lady Gaga and Bradley Cooper — more than enough high-profile names to ensure regular mentions in the gossip columns. The revamped restaurant opens today in NoHo and aims to refocus attention on the food rather than next-tablerubbernecking. Chodorow sought out Pous after reading an article in the Miami Herald about talented Cuban chefs (at the time, he was working at The Dining Room of Little Palm Island Resort & Spa, in the Florida Keys), and hired him to bring some authenticity to the relaunch. “I want people to have fun, but I want them to come here because they like the food,” says Pous. “I hope people don’t come here just to look good.” The chef has created a menu to entice even the fussiest of Social Swans: tuna tartare with avocado seviche; “Chino Latino” made with Guava cheesecake. slow-roasted pig, jasmine rice, bean sprouts, egg and edamame; snapper with vegetable escabeche, yucca dumplings and bok choy in a coconut curry broth. All dishes are based in traditional Cuban fare, but have been updated to be made more modern and, of course, health-conscious. “Food culture has changed; people eat differently now,” says Chodorow. “When Luis came in, I gave him four or five things that I thought our existing customer base really related to. I said, ‘You don’t have to do it exactly the same, but if you change it, make it better.’ ” For Pous, the dishes had to appeal to an American fine-dining palette while retaining the charm of Cuban street food. For example, savory churros are served in a ceramic container meant to look like a leftover condensed-milk can. And chicharrones (fried pork rinds) will be plated on simple brown paper. “They’re chicharrones, take it easy,” says Pous. “I don’t want people to take me too seriously.” The cuisine may be playful, but the décor is decidedly not. Designed by Rafael de Cárdenas, Chodorow says of the space, “You couldn’t walk into the restaurant and know what type of restaurant you were in — it could be Italian.” Tiled floors, leather banquettes and a mirrored bar make up the rather staid interior — but like the old location, this Asia de Cuba is windowless, making it the perfect date-night spot for celebs in the know. — ALLY BETKER The bar at Asia de Cuba. Scallop ceviche with grapefruit, ahi and chicharrones. PHOTOS BY JOHN AQUINO IN 1997, CHEF Luis Pous emigrated from Cuba to Miami to put his training from the National School of Culinary Arts in Havana to use in America. That same year, restaurateur Jeffrey Chodorow opened the original outpost of Asia de Cuba in Manhattan. It would be more than a decade later, though, when the two finally met to reinvent the brand. “From a culinary standpoint, here’s the opportunity to do what I never really had the chance to do,” says Chodorow. “I did the first menu for Asia de Cuba, though I can’t cook — I imagined it. We had a no-name chef because I couldn’t find [a notable] one.” That menu was based on Havana’s Chinatown neighborhood; when Chinese immigrants came to Cuba to work on the sugar and coffee plantations in the late 19th century, the cooking techniques of the two cultures melded to create a version of Nuevo Latino cuisine. While the food was certainly part of the draw, by the time Asia Asia de Cuba 415 Lafayette Street, New York 212-726-7755 asiadecuba.com Hours: Mon.-Wed. 5:30 to 11 p.m. Thu-Sat 5:30 to 11:30 p.m. Lily James and Richard Madden Palm Beach Formal Patti Smith and Charlotte Gainsbourg WHILE MUCH of the country lay paralyzed in a deep freeze, Michael Kors was throwing a luncheon in sunny Palm Beach for The Boys’ Club of New York. A bronzed Kors looked right at home on Friday afternoon lording over a scene that seemed ripped from the pages of a Slim Aarons book. Cochairs Muffy Miller, Lourdes Fanjul and Victoria D’Agostino, plus Jamee Gregory, Jo Carole Lee Daniels and Harvey Keitel CINDERELLA WAS SWEPT off her feet all right. At a Sunday night screening of the new film adaptation of “Cinderella,” Lily James, the actress playing the title role, was blushing and gushing about her leading man, Richard Madden. “The thing I love about Richard is — he’s an obvious choice for the role because he’s so good looking — but there’s so much more to him,” she said. “He’s deep, he’s funny, he’s sexy, he’s charismatic.” What can’t this Prince Charming do? Best known as the dreamy Robb Stark, may he rest in peace, on “Game of Thrones,” this is just Madden’s fifth movie. For his part, Madden was attracted to the challenge of interpreting a character who was in PHOTOS BY STEVE EICHNER Disney Dreamboat only a few scenes in the original animated film. “I just wanted to make a character,” the actor explained. “In this film, he’s so fleshed out. We get to see a real young guy.” Charlotte Gainsbourg, Ethan Hawke and Patti Smith were among those in attendance at the Cinema Society-hosted screening at the Tribeca Grand Hotel, but this being a Disney screening a number of actors, like Gina Gershon and Edie Falco, brought their kids along. “I have the real Disney Cinderella heirs with me,” said Stacey Bendet, pointing out her two daughters, whose grandfather is Michael Eisner, the former chief executive officer of Disney. “My kids just absolutely love fairy tales.” — KRISTEN TAUER Michael Kors and Aerin Lauder Lauder and Sydie Lansing, were among the 80 guests noshing on crab cakes and key lime pie out in the garden of a local private residence. “Palm Beach is a lot like my clothes. It’s glam and low-key — bikinis and jewels, paddle boarding and black tie,” Kors said. Next to him was Aerin Lauder, who wore a shift printed in yellow roses from his spring collection. “Seeing Aerin in this yellow dress makes me smile.” Having met at a charity benefit in the Nineties, the longtime pals share many causes including God’s Love We Deliver and The Boys’ Club, where Lauder sits on the board. “New York’s a tough place to live, so anything you can do is a plus for the whole community and taking a young man and enriching his life is what the city is all about,” he said. Before the luncheon, the designer staged what was only his second ever local show, a presentation of his spring collection. “Days like this show you can have fun and give back,” he said. — REBECCA KLEINMAN WWD TUESDAY, MARCH 10, 2015 11 WWD.COM own production of high-end bags and A GLOBAL CITIZEN: Citizens of Humanity accessories. An announcement is is expanding its denim world. The expected today. Huntington Park, Calif.-based Bally will have exclusive use of company has acquired a made-inZagliani’s Milan atelier, which houses Japan men’s line called Fabric-Brand 30 artisans recognized for their and renewed its focus on niche technical know-how with soft, luxury women’s label Goldsign. leathers and exotic At the center of this flurry skins. The production of activity is Jazmin Kim, who FOR MORE of Zagliani branded joined earlier this month SCOOPS, SEE bags will be paused from rival AG as Goldsign’s as a result. “Our creative director and the WWD.com. women’s segment design director for Fabricis accelerating, Brand’s first women’s and this is offshoot, which will launch in one of the finest handbag spring 2016. Founded by Simon Miller, ateliers in the world,” who’s also Citizens of Humanity’s men’s said Frédéric de Narp, chief creative director, Fabric-Brand uses Lou only Japanese denim for its men’s jeans executive officer of Bally. Doillon that are cut, sewn, washed and finished He added that five years in Japan and retail from $250 to $495. from now he expects Kim said she’ll continue that process the women’s handbag with the women’s lineup, which will business to generate 15 include crewneck T-shirts, shirt jackets to 20 percent of overall and boyish jeans. With Goldsign, which sales. “There will be had been designed by a team following a major focus on exotic the 2013 departure of founder Adriano skins, and made-to-order bags for men and women,” Goldschmied, Kim aims to appeal to the said de Narp. older, sophisticated customers who buy the jeans, which retail from $198 Giovanni Torchiani, to $308. While Citizens of Humanity who joined Bally’s declined to disclose annual sales or the executive committee as purchase price for Fabric-Brand, the vice president, global company hopes the bigger portfolio will manufacturing in October, give it an international boost. Kim’s will spearhead the experience working on collaborations integration of the atelier with “It” girl Alexa Chung and stylist and the production of the special accessories. Cher Coulter at AG can open other doors Bally and Zagliani both to new design projects. “It is very belong to JAB Holdings, which possible,” she teased. — KHANH T.L. TRAN is also the parent of Jimmy Choo and Belstaff. BALLY DEAL: Bally aims to tap into — SAMANTHA CONTI the leather crafting skills of sister firm Zagliani, taking over the latter’s FULL CIRCLE: It’s hard to tell which renowned Milan atelier to boost its comes first at Saint Laurent — the cool MEMO PAD longtime communications director of Arcadia Group and a company stalwart, has been named marketing and communications director at Selfridges. Foster-Brown, who will also become a member of Selfridges’ executive board, will join the company in June. She fills a position left vacant by Richard Taylor, who left at the end of 2013, and will report to Selfridges’ managing director, Anne Pitcher. Foster-Brown joined Arcadia Group, parent of brands including Topshop, Topman, Bhs, Miss Selfridge and Evans, as public relations director in 2000, and in 2002 her role expanded to include corporate relations and strategy. In 2007, she was promoted to p.r. and communications director. Before joining Topshop, she was head of p.r. for what was then known as the Asprey Group, and has worked for Mappin and Webb, Watches of Switzerland and Condé Nast. From September until January of this year, Sanders’ title was president of global development. The former president and chief executive officer of WWD parent Fairchild Fashion Media, Sanders was set to work out of New York and Paris. In January, Sanders confirmed her role had changed, and she’d remain in New York to be part of a team working on “developing investment strategies.” The global development headquarters also moved to London from New York. Bill will report to the senior management of Condé Nast International and in the U.S., which is headed by Jonathan Newhouse. “Jamie is one of the most experienced, effective publishing executives in the organization, with the drive and knowhow to get things done. He is just the right person to take on this important challenge,” said Nicholas Coleridge, president of Condé Nast International. Bob Sauerberg, president of Condé Nast U.S., said Bill is known and respected on both sides of the Atlantic, and called him “a publisher of high caliber.” — S.C. CALLING BILL: Jamie Bill has been named WEATHER GIRL: American photographer Amy Arbus encountered almost every SELFRIDGES-BOUND: Tania Foster-Brown, the — SAMANTHA CONTI executive director of Condé Nast Global Development, a new post similar to the one Gina Sanders held until earlier this year. Bill has been publishing director of British GQ and GQ Style since 2004, and serves on the board of Condé Nast Britain. He was previously publisher of Condé Nast Traveler, and before that had held a variety of roles at the National Magazine Co., now Hearst U.K. He will be based in London, with the job of generating new business across borders, platforms and categories, and coming up with creative opportunities and bespoke solutions. The company said his successor at GQ would be named shortly. kind of weather last December when Marina Rinaldi commissioned her for a special shoot of its fall 2015 collection in Central Park. “We were rained out one day because there were 40 mile-anhour winds. We also had a snow day. It was a real potpourri,” she related. The images, showing real-people models and plus-size women cast from the street, are to eventually go on display in New York after earlier being on show during Milan Fashion Week. Arbus, daughter of photographer Diane Arbus, is known for her posed and portrait-like street photography, and her style page in the Village Voice in the Eighties. — MILES SOCHA PHOTOS BY STÉPHANE FEUGÈRE FASHION SCOOPS kids in the audience or their Mark Ronson alter-egos on the catwalk. and Joséphine They fed off each other in de la Baume a virtuous circle at creative director Hedi Slimane’s show in Paris on Monday, where members of rising local bands were joined by established stars like Jake Bugg and Nicolas Godin from electronic duo Air. Model-turned-musician Irina Lazareanu, fresh from performing with fellow guests Joséphine de la Baume and Mark Ronson at a party a few days earlier, was another case I am still writing the songs the same in point. “This is my favorite show way and it’s still the same feelings that of the week. I love Hedi, I love his motivate me to write, so that won’t universe, so maybe when I grow really change.” up, I’ll be that girl,” she said — all Among the other guests were Jessica the while, projecting a distinctly Saint Laurent attitude in her Chastain, Salma Hayek, François-Henri Pinault, black trouser suit. Pierre Bergé, Betty Catroux, Alber Elbaz, Lazareanu recently helped Azzedine Alaïa, Elodie Bouchez and Lou Lesage. launch Signature International, — JOELLE DIDERICH a new Web site dedicated to the arts that lists her as “poet and editor.” The first volume of HOLD IT OR FOLD IT: Jane D. Hartley, the the online publication, edited United States Ambassador to France, by former Vogue Paris stylist took in the Giambattista Valli show on Monday. “My daughter’s visiting Mélanie Huynh and consultant and she works in fashion,” she said, Rosalie Miller, is devoted to motioning to the blonde on her right actress Emmanuelle Seigner. in a sharp-shouldered Balmain jacket: Lou Doillon, who appears in the advertising campaign Kate Schlosstein, who works in digital for French contemporary marketing at Loro Piana in New York. brand Maje for the second “Luxury is really important because consecutive season, said she luxury creates jobs on both sides of was working on a follow-up to her the Atlantic,” noted Hartley, who had critically acclaimed first album borrowed her daughter’s studded Isabel “Places,” due to be released next Marant jacket. Rebecca Carcelle took in fall. “It’s going to be a little more the show wearing a black and navy ambitious in the sense that now, Fendi made of fur strips mounted on I am comfortable with the status chiffon. As cozy as it looks, she said it of singer-songwriter and I will be “folds into an envelope and you can put involved with producing on the it in your handbag.” next one,” she explained. “But — MILES SOCHA REACH THE FASHION INDUSTRY’S TOP TALENT WWD CAREERS.COM PRINT & ONLINE PACKAGES AVAILABLE Contact Tiffany Windju at 310.484.2537 or twindju@pmc.com 12 WWD TUESDAY, MARCH 10, 2015 Apple Watch Fuses Fashion and Tech Exec Moves {Continued from page one} quotients, with Selfridges putting the smartwatch in its Wonder Room, Isetan on its ground floor and Galeries Lafayette on its first floor amid European brands. The size of the installations could not be learned, but are to incorporate bespoke tables that display the watches under glass with special lightThe Apple ing and animations. Sales Watch. specialists are to assist customers in discovering and trying on different models, also ensuring the setup so they are fully operational when they leave the shop. In tandem with the April 24 launch, select specialty stores will sell individually chosen selections of the Apple Watch: Colette in Paris, Dover Street Market in London and Tokyo, Maxfield in Los Angeles and The Corner in Berlin. It is understood 10 Corso Como in Milan will also get the product at a later date. In addition, Hong Kong-based specialty retailer Lane Crawford is to preview the Apple Watch in its personal shopping Platinum Suites from April 10 in Hong Kong, Shanghai, Beijing and Chengdu locations. “The experience of shopping for an Apple Watch is a deeply personal one. The department stores and specialty stores that we’re working with are some of the best in the world at offering such experiences, so it was natural for us to see our product there,” said Paul Deneve, Apple’s vice president of special projects who joined the tech company after years helming fashion houses including Yves Saint Laurent, Lanvin and Nina Ricci. “Given the very focused distribution that we’ve pursued for this launch, every door that sells Apple Watch will provide a unique experience for every customer that walks in.” Leveraging Deneve’s deep relations with international retailers, Apple started its charm offensive with the fashion community in September, when it unveiled the smartwatch at Colette, later hosting a dinner for retail, luxury and editorial elite at Azzedine Alaïa’s Marais headquarters. Seeing its watch as a item for personal expression, and not only a piece of technology on the wrist, it was important for Apple to showcase it in high-profile stores known for fashion leadership. As further proof that Apple wants the watch to have fashion cred, the company recruited an original supermodel — Christy Turlington Burns, once the face of Calvin Klein — to test it and speak about her experiences with it at Monday’s event. Turlington Burns, who began training for the Virgin Money London Marathon, is chronicling her experience using the watch to prepare for the upcoming race in a blog on Apple’s Web site that will be updated weekly. “Apple Watch is going to help me get there,” she told the crowd. Having been waiting for almost as long as Godot, the actual unveiling of the watch caused barely a ripple on Wall Street. Apple shares closed Monday up 0.4 percent to $127.14, which still makes the company the world’s most valuable with a market capitalization of $740.56 billion. Exhibiting its tech chops, the watch was built to perform a number of tricks, from reading and responding to text messages and taking calls, to a new feature called Digital Touch. The technology allows Apple watch wearers to connect their devices to one another so friends can grab each other’s attention with a screen tap or share a sketch. The watch, which promises all-day battery life, also tracks fitness metrics, works with Apple Pay and can even unlock a hotel room, allowing users to bypass the registration desk. A new workout app lets wearers track metrics, such as calories burned or distance traveled, as they exercise. The fashion aspect is evident in its three styles: the Apple Sport Watch, starting at $349; the Apple Watch, starting at $549, and the Apple Watch Edition, starting at $10,000. Two face sizes are available, 38 millimeters and 42 millimeters. The Sport case is made of anodized aluminum and comes in silver and space gray to be paired with a sport band, made in five colors. The midpriced Apple Watch offers polished stainless or black stainless-steel cases and strap choices that include three leather offerings, stainless steel link, Milanese loop or a sport band in black or white. Edition — with cases made from custom rose or yellow 18-karat gold alloys and a sapphire crystal display — pushes Apple and the smartwatch category into new territory as it melds technology, fashion and high-end luxury. The watch, which has been at the center of media reports and speculation for some time now after being unveiled last year, is viewed as a barometer of con- sumer appetite for smartwatches and the broader wearables category. Late last month, the ceo’s of three Swedish watchmakers met in San Francisco to reveal their own partnership with a recently formed joint venture, Geneva-based Manufacture Modules Technologies, to make smartwatches using MMT’s MotionX technology platform. Ronnie Bernheim, ceo of Mondaine, one of the watch companies partnering with MMT, told WWD he was against an LCD-screen watch from the start and instead wanted to focus on a smartwatch that still looked like a timepiece and could be passed down from generation to generation. Ceo’s from the other two watchmakers involved in the partnership, Frederique Constant and Alpina, echoed that sentiment. “We are in the watch business; we are not in the tech business,” Bernheim told WWD at the time. “It’s very subtle so you don’t destroy the fashThe Apple ion by overriding it with Watch Edition, this technology.” starting at The success of $10,000. Mondaine’s watches could open the door for the company’s affiliate Marlow Group to make smartwatches under fashion brands it holds licenses to, including Givenchy, Esprit and Puma. Apple didn’t waiver in its watch’s ability to be a game changer. “We continue to innovate; we continue to push forward,” Cook said. The smartwatch unveil was the last in a bevy of announcements made by Cook and other Apple executives Monday. The company is rapidly expanding its presence in China with a total of 21 stores — six of those having been opened in the last six weeks. Apple has plans to have 40 stores in China by mid-2016, according to Cook. The company’s also looking to continue to make waves on the medical research front with software called ResearchKit, of which five apps have already been created and are now available. Those apps include mPower, which lets users take Parkinson’s disease-related tests on their iPhone that can then be sent to researchers. The actual software will be released next month. A new MacBook, coming in at two pounds and 13.1 millimeters at its thickest point, begins shipping April 10 with a starting price of $1,299. Atop Camuto By LISA LOCKWOOD NEW YORK — Camuto Group has made several key leadership changes following the death of Vince Camuto, founder, chief creative officer and chief executive officer. The 78-year-old Camuto died Jan. 21 of cancer. Alex DelCielo, formerly president and chief operating officer, will become ceo of Camuto Group. Louise Camuto, the founder’s widow and former creative director and president of marketing, has been elevated to chief creative officer. She will continue to oversee marketing. In addition, Julio Martini, previously senior vice president of global sourcing, has been named chief operating officer and will undertake all global operational responsibilities. Ed Ferrell, formerly chief merchandising officer, will become president of Camuto Group. He will retain his merchandising duties. Jeff Howald continues in his role as chief financial officer. Camuto, Martini, Ferrell and Howald report to DelCielo, a founding member of the firm. Prior to joining Camuto, DelCielo was executive vice president of operations at Nine West, where he worked from 1988 to 1999. Vince Camuto cofounded Nine West and sold it to Jones Apparel Group in 1999 and two years later founded Camuto Group. Headquartered in Greenwich, Conn., Camuto’s global operations include the Vince Camuto collection of footwear, accessories, clothing and fragrances, as well as brands VC Signature Vince Camuto, Louise et Cie, Two by Vince Camuto and a men’s wear line. Camuto is also the master licensee for Jessica Simpson and holds the footwear licenses for such brands as BCBGeneration, BCBGMaxAzria and Lucky Brand. The company’s portfolio includes the sourcing of Tory Burch footwear and a partnership with Bernard Chaus. Camuto and its partners operate 95 retail locations globally and its products are sold in more than 5,400 doors worldwide. Vanessa Seward’s ‘Pedestrian’ Take By PAULINA SZMYDKE PARIS — “Remember when Jerry Hall was dating Bryan Ferry in the Seventies? English country meets American glam? I love that style,” said Vanessa Seward, pointing to the retroinspired mood board of the first ready-to-wear collection she has designed under her own name, slated to launch today. There is an image of Bianca Jagger in a white-and-black ensemble that Seward referred to as “gaucho-chic,” as well as an old picture of her Argentine mother stretching in an English tweed jacket. “My father was a diplomat and we moved to London in the Seventies. There was plenty of fox-hunting going on, and my mom hated it, so she would always dress in high boots and a nice skirt and sit by the fire,” Seward recalled, noting that the aesthetic stuck with her. “I don’t do it on purpose, but it’s just a part of me, and when you start a new label, you need to put your own [stamp] on it.” With the 28-piece lineup, Seward, who learned the ropes assisting Loris Azzaro, said she is aiming for a certain neutrality. “I don’t like it when you can tell what tribe the girl belongs to — is she a boho or a rock chick?” the designer said. “I always say I make fashion for the pedestrian woman who has to walk a lot, hop on the metro and take her child to the playground.” Consequently, the line is built on basics — much like the ones she designed as a capsule for APC for the past three years — only slightly more upscale and mixed with clues from her personal archives, which are said to be overflowing with vintage items from her time at Yves Saint Laurent and Chanel, where she was in charge of accessories. “What I like about vintage is that it’s not overdesigned. It’s more about the cut and the fabric. Sometimes it’s a cuff or a sleeve that gets me inspired. I need these pieces close to me,” Seward said. The debut collection will feature A-line skirts, high-waisted raw denim pants, tweed cape coats and silk blouses printed with patterns from the Abraham archives, which had also been frequented by Saint Laurent and Hubert de Givenchy. Prices will range from $265 for a shirt to $780 for a coat, with only a few more extravagant items such as a long evening dress ($1,250) and a shearling number ($3,380) as outliers. “There is no trick,” said Jean Touitou, APC’s creative director, who is also the majority shareholder of the Seward brand, about the niche-price value. “We work as an army of people with the right know-how.” His other secret is production. Touitou said although he could not afford to have the line made in France, he charmed a connection at French high-end manufacturer Marty into using its co-owned A look from Vanessa Seward’s first namesake collection. atelier in Eastern Europe. Connections also landed a soundtrack for the show. It was composed for Seward by her husband, music producer Bertrand Burgalat, and features a track called “Vanessa’s Way,” with lyrics and vocals from April March. “We’re taking the holistic approach,” mused Touitou. Touitou and Seward’s joint venture (she is also chief execu- tive officer) gives a solid structure to the young label. Unlike with other brands, where last-minute changes are routine, the Seward line has been ready for months; it was shown in January to retailers, including Net-a-porter, Le Bon Marché and the Maria Luisa boutique at Printemps. A precollection is slated to be in stores by June, with the main line available by July when the brand’s Web site will launch. Seward has also designed a range of accessories, including six shoe styles, five bags and jewelry done in collaboration with Edgard Hamon. The leatherwork on the saddle-shaped bags is especially noteworthy, having been hand-painted and hand-rolled by Tuscan specialists to achieve a rippled effect. Two Paris flagships are slated to open by September: One in SaintGermain and the other in SaintHonoré, with a third boutique to open in January in New York’s SoHo. Noted Touitou: “We would be happy if the brand reached the same level as APC,” which in 2014 had sales of $55 million.
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