Martha Stewart Battle Continues
On Friday, Martha Stewart Living Omnimedia appealed a preliminary injunction from a New York state judge that bars the brand from selling branded bedding, bath, kitchen textiles, dinnerware and cookware in JC Penney Co. Inc. stores. Macy’s Inc. sued Martha Stewart in January, arguing that the Penney’s hookup violated its 2006 agreement with the brand. The dispute could go to trial as early as November.
In a statement to the New York Supreme Court, Martha Stewart’s attorneys said the Penney’s deal was crafted to avoid conflicts with the Macy’s contract, which allows the brand to sell key product categories through its own stores and direct to the consumer.
And Speaking of JC Penney…
Even with all their advertising and push of low, low prices, the department store was still unable to produce high numbers. Ron Johnson’s program is under more scrutiny, particularly the everyday low pricing piece, after Penney’s on Friday posted poor results for the second quarter.
Yet at a meeting with analysts and investors in New York the same day, Johnson, chairman and chief executive of JC Penney Co. Inc., stated, “We’re not going to short-circuit a really strong business strategy for the sake of five months. The first and most encouraging thing to me is that I am completely convinced our transformation is on track. We’ve got to maintain a full-price business. We will not do anything to change that path.”
Fashion’s Night Out Gets Ready
With less than four weeks to go, Fashion’s Night Out looks like it will be a Champagne-and-canapés-fueled night of special retail initiatives and celebrities, whose mission is to stimulate spending. Now in its fourth year, the annual shopping event will take place on Sept. 6, in more than 500 cities nationwide, with much of the retail activity across New York. Here, some of the highlights for Manhattan:
• Saks Fifth Avenue will have its share of designer appearances, including Oscar de la Renta for the launch of his new fragrance Essential Luxuries. Rebecca Minkoff will be on hand for a performance by Juliette Lewis of The Voice; Erin Fetherston will partner with hairstylist Edward Tricomi, who is going to offer to cut shoppers’ bangs in the designer’s trademark style, and Kimberly Ovitz is teaming up with Rihanna’s tattoo artist Josh Lord of East Side Ink on custom designs.
• Henri Bendel will bring a Las Vegas flavor to its store with a casino night, a performance by Cirque Du Soleil’s Zumanity and custom Swarovski FNO T-shirts and phone cases for sale.
• Bergdorf Goodman will use the night to kick off its 111th anniversary celebration with designers such as Lela Rose, Michael Bastian, Naeem Khan, Rachel Zoe, Thakoon and a book signing with Sara James Mnookin, who authored “Scatter My Ashes at Bergdorf Goodman.”
• Bloomingdale’s will include appearances by Matchbox 20, Kelly Rutherford for Magaschoni, and Real Housewife of New York and Yummie Tummy founder Heather Thomson, as well as a BMW motorcycle stunt driver expected to be positioned on the Third Avenue side of the New York flagship.
– Taneisha Jordan
Source & Photo: WWDSee the Top Ten Summer 2016 Trends for Women Over 40