Today’s Fashion Headlines: Tommy Hilfiger Taps Naomi Watts, Kelly Cutrone’s New Firm, LVMH & Hermès Agreement

September 3, 2014 • Fashion Blog, Fashion News

Naomi Watts. Tommy Hilfiger, fashion ads

Tommy Hilfiger Partners With Naomi Watts

Actress Naomi Watts is the latest global ambassador for Tommy Hilfiger’s limited-edition handbag for Breast Health International. Priced at $299, the bag will be available at tommy.com starting September 25th and in Tommy Hilfiger stores October 1st. $100 from each handbag sold will benefit BHI’s Fund for Living program. Watts wears the navy pebbled leather bag in the preppy campaign, shot by Patrick Demarchelier. “It’s a really functional bag. You can use it for work, and you can use it for going out. I hate having to change my bag,” said Watts. Past ambassadors include Renée Zellweger, Carla Bruni, Charlotte Gainsbourg, Naomi Campbell and Claudia Schiffer.

Kelly Cutrone Co-Founding Digital Firm

Kelly Cutrone, CEO of fashion PR firm People’s Revolution, announced she is creating a new digital PR and social media agency. Called Socially Acclaimed, the firm will exclusively work in the digital space, offering services like social media consulting, blog content creation, marketing for events, and extensive strategy execution. People’s Rev president Emily Bungert and Stefanie Skinner, a former senior employee, are also involved with the new firm. All three women have partner titles at the firm and Skinner will serve as the company’s president. ”This is an awesome time for entrepreneurial young women in fashion, it feels great to be back on Grand Street and I’m excited and grateful for this next chapter,” Skinner said.

Hermès and LVMH End Disagreement

LVMH Moët Hennessy Louis Vuitton and Hermès International have ended their internal conflict. The two French companies, who in the past have traded lawsuits over LVMH’s 23.2 percent stake in Hermès, have agreed to a compromise in the Commercial Court of Paris. An agreement was signed that will have LVMH “distribute all its Hermès shares to its shareholders, on the understanding that LVMH’s largest shareholder, Christian Dior will in turn distribute the Hermès shares it receives to its own shareholders.” The shares in question are worth about 6 billion euros, or $7.87 billon. In addition, LVMH will not acquire any more shares in Hermès for the next five years.

-Claire Mykrantz

Source: WWD, FashionWeekDaily.com

Image: WWD

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