Today’s Fashion Headlines: Tuesday, April 29, 2014

April 29, 2014 • Fashion Blog, Fashion News

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Carolina Herrera at the lunch

Neiman Marcus Group Scaling Back in China

The Neiman Marcus Group Ltd. LLC is taking another step back from its stake in China. The Dallas-based luxury retailer is close to disclosing that it’s pulling out of its investment in Glamour Sales Holdings, the Asian-based e-commerce site specializing in flash sales. An announcement could come as soon as today.NMG continues to operate a Web site in China. While Neiman’s ships to many countries, China is the only country where the company has a dedicated site — with Mandarin translation, size conversion charts and customized creative. NMG recently decided not to hold inventory in Chinese warehouses and instead to ship to Chinese customers from the U.S. Glamour Sales had been handling the fulfillment from China. Neiman’s maintains a smaller China team now, of about two dozen workers, for customer care, marketing and web merchandising in Shanghai.

Rodolfo Paglialunga Named Jil Sander Creative Director

Jil Sander group is ready to say hello to a new creative director — Italian designer Rodolfo Paglialunga. His first collection will bow in September for the spring 2015 season.“He is the most fitting designer to write the new pages of the Jil Sander story,” said chief executive officer Alessandro Cremonesi.“I’m deeply honored to have the opportunity to take on this role. I have boundless admiration for the brand as I strongly believe in its pure vision and values,” said Paglialunga. “My aim is to carry forward the fusion between sophistication, luxury and innovation and bring the house to the next level.”

Couture Council of The Museum at FIT Holds Lunch for Carolina Herrera

September might seem eons away on the fashion calendar, but the Couture Council of The Museum at FIT got a jump on its annual fall luncheon by hosting a warm-up one Monday for this year’s honoree, Carolina Herrera. While guests like Yaz Hernandez, Alexandra Kotur, FIT’s Joyce Brown and Valerie Steele, and this year’s co-chairs Julie Macklowe and Elizabeth Musmannowere at the designer’s Madison Avenue boutique, models wore looks from Herrera’s archives collection. Once seated, they viewed a sampling of designs from Herrera’s archive, spring, pre-fall and fall collections.

Century 21 to Open in Philadelphia

Century 21 off-price department store retailer will be the anchor tenant at the The Gallery, which is being redeveloped by Pennsylvania Real Estate Investment Trust. The store will be 100,000 square feet, with 16,000 square feet on the ground floor and the bulk of the space on the second level of the former Strawbridge’s building at 801 Market Street. This is Century 21’s first venture outside the New York market and it will open in the fall.

Wet Seal Closing Arden B Stores

Foothill Ranch-based fashion retailer Wet Seal Inc. said Friday it plans to begin a process that will eventually close its contemporary Arden B division. The Wet Seal chains focuses primarily on teenage girls and has 478 stores and Arden B offers contemporary merchandise geared to young women at 54 locations. 31 of the Arden stores will become Wet Seal Plus stores, carrying plus-sized merchandise and the other 23 stores will become regular Wet Seal stores. The changes are expected to be done by late July, as retailers head into the back-to-school selling season. Arden accounted for 11% of the company’s net sales for the year ended Feb. 1, with $60.4 million, down 29% from the year-ago period.

–Mehar Singh

Source: WWD

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