Month: January 2020

Sen. Elizabeth Warren Backs Hearst Union as Battle With Execs Intensifies

Sen. Elizabeth Warren might have just hampered the likelihood of Hearst management approving her as one of their magazine cover stars in the run-up to the 2020 election, but she certainly won the hearts and minds of hundreds of its staffers. The Massachusetts senator just entered another contentious race, intervening in the messy battle between […]

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J.C. Penney, Kohl’s Holiday Results Underwhelm

While most retailers glided smoothly through holiday 2019, it was tough stretch for mid-tier department stores. On Thursday, J.C. Penney Co. Inc. and Kohl’s Corp. reported that their holiday comparable sales declined, 7.5 percent and 0.2 percent, respectively. The results came a day after Macy’s said its comp sales for the holiday period fell 0.6 […]

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Elie Saab Introduces Children’s Line

ONE FOR THE KIDS: Elie Saab is adding a new activity to his ever-evolving brand. The Lebanese designer has partnered with two Italian companies to create Elie Saab Junior, the label’s first children’s wear line: The house has signed long-term licensing partnerships with Simonetta, an Italian company that has been designing children’s clothes since the […]

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Sean John’s Jeffrey Tweedy to Be Honored

Jeffrey Tweedy, president and chief executive officer of Sean Jean, will be honored as a “fashion master” by the Black Fashion World Foundation at an event next month. The foundation will celebrate Tweedy’s career and accomplishments when it launches a program called Gleaning From the Masters on Feb. 15 at the Alvin Ailey Citigroup Theater […]

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Kering Brands Band Together to Donate to Fight Australian Fires

PARIS — Kering brands are banding together to donate a total of one million Australian dollars, or nearly $700,000, to local organizations in Australia working to fight the country’s wildfires, the group said in a statement Tuesday. The group’s sustainability experts will select the organizations that will receive the funds, it added. In the longer […]

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Tod’s to Sponsor 2020 Whitney Art Party

It’s a new year and decade, and The Whitney is ready to rev up the New York party scene. The museum has announced the cochairs and hosts for its annual Art Party, which will take place on Jan. 28. Kristen Cole of boutique Forty Five Ten is returning as a cochair for the dinner along […]

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Inspection Company SGS Acquires Thomas Stephens & Associates

PARIS — Swiss inspection company SGS has acquired Thomas J. Stephens & Associates Inc., a clinical research organization for the cosmetics and personal-care industry. Terms of the deal were not disclosed. “This acquisition expands SGS’s consumer and retail services portfolio in the clinical testing sector for cosmetic and personal-care products in the USA,” said Frankie […]

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Investor Giovanni Tamburi Discusses IPOs, Fashion Poles and M&As

MILAN — “Don’t just take the money and run.” Giovanni Tamburi, founder, chairman and chief executive officer of the publicly listed Tamburi Investment Partners, or TIP SpA, on Wednesday shared his views on the M&A scene and initial public offerings during a talk staged here by Italian daily paper Corriere della Sera. “I don’t want […]

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Fashion Scholarship Fund’s 83rd Annual Gala Eyes Next-Gen Ideals

NEW YORK — Fashion Scholarship Fund’s 83rd annual gala was held Tuesday night at the New York Hilton in the Midtown neighborhood of Manhattan — representing a sprawl of young talent and next-gen industry ideals. There were 211 scholarship candidates who attended the gala, with eight scholarship finalists celebrated. Each year the organization awards more […]

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Profits Nearly Double at Paul Smith, Which Returned to Growth in 2019

LONDON — Business is on the upswing at Paul Smith Group Holdings Ltd., which saw profits nearly double to 3.7 million pounds in the year to June 30, according to the latest filing on Companies House, the official register of U.K. businesses. The growth follows the company’s efforts to tighten operations, consolidate systems and warehousing, […]

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