Master Builder
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MONTAIGNE OSCAR IN MANSE ARKANSAS OSCAR DE LA RENTA IS FENDI OPENS HEADING TO LITTLE ROCK PARIS FLAGSHIP ON MONDAY FOR THE OPENING AVENUE MONTAIGNE. OF A RETROSPECTIVE AT PAGE 3 THE WILLIAM J. CLINTON PRESIDENTIAL CENTER. PAGE 2 FALL 2013 PARIS COUTURE WWDWEDNESDAY, JULY 3, 2013 ■ WOMEN’S WEAR DAILY ■ $3.00 BELLETTINI JOINS BRAND New CEO Named at YSL, Slimane Expands Role manding controls of a major fashion By MILES SOCHA label, from photographing the cam- paigns to vetting the press discount PARIS — The house of Yves Saint list — is to now also “supervise all Laurent is rocking — and not strategic projects for the brand.” only because of designer Hedi Kering said Deneve is leaving to Slimane’s penchant for grunge take up a “new opportunity in the and Teddy Boys. high-tech industry” and mentioned In a management shake-up Silicon Valley, suggesting a move that caught many by surprise in to Northern California, home to the midst of couture week here, Apple, Facebook and Google. YSL parent Kering said Tuesday Reached by WWD, Deneve de- that chief executive offi cer Paul clined to comment on his next Deneve, who recruited Slimane move, characterizing his exit from and implemented a daring reju- YSL as “bittersweet,” even if the venation drive, would leave the company registered strong growth French fashion house after two — almost doubling revenues — years. He is to be succeeded effec- during his brief tenure. tive Sept. 1 by Francesca Bellettini, “It was an amazing adventure an executive director from Kering- and I’m very confi dent in the fu- owned Bottega Veneta known for ture of this brand,” he said. her merchandising prowess. An affable, pensive executive What’s more, Slimane — who al- of Belgian descent, Deneve came ready boasts one of the most com- SEE PAGE 9 L.A.’s Manufacturing Challenge eral participants with manu- By MARCY MEDINA facturing assets in Southern California, including Marty LOS ANGELES area manufactur- Bailey, chief manufacturing of- ers are going to need regulatory re- ficer of American Apparel Inc., lief — and a more global perspec- and Deborah Greaves, secre- tive — if they are to take advantage tary and general counsel of True of the growing opportunities to bol- Religion Apparel Inc. They were ster local apparel manufacturing. joined by Ilse Metchek, presi- This was among the messages dent of the California Fashion delivered at a panel discussion on Association; Tracy Gray, senior ad- “The Future of U.S. Manufacturing viser to former L.A. mayor Antonio and Opportunities in Los Angeles” Villaraigosa; Carlos Valderama, moderated by American Apparel & senior vice president of global Footwear Association chief execu- initiatives for the L.A. Chamber tive offi cer Kevin Burke at the L.A. of Commerce, and André Raghu, Chamber of Commerce last week. chief strategy officer of Tradegood. The panel included sev- SEE PAGE 8 Master Builder The elaborate set — an ancient, crumbling theater with disintegrating stage curtains that opened to a dazzling 21st-century city scene — was just one of the masterful details at Chanel’s fall couture show. Karl Lagerfeld worked sleek lines in intense embroideries and an ample dose of shine with a multitiered message: lean, embroidered tweed jackets over layered skirts and stocking shoes, with wide, jeweled belts to highlight the hips. For more on couture, see pages 4 to 7. PHOTO BY GIOVANNI GIANNONI 2 WWD WEDNESDAY, JULY 3, 2013 Michèle Huiban Named Lanvin CEO the Briefing Box and worked mainly in the media before joining By alex WyNNe lanvin, the company said tuesday. in Today’s WWd she was not available for comment. PaRis — lanvin has named michèle Huiban its lat- andretta is credited with having spearheaded est chief executive officer. the company’s global retail expansion. sales for Backstage at the Armani Privé couture show. Huiban had taken over the operational man- the fashion house nearly doubled during his tenure For more, see WWD.com. agement of the group in april, after the depar- there, to an estimated 240 million euros, or $308.5 ture of managing director thierry andretta, as million at average exchange, in 2012. reported. according to sources, andretta and shaw- Huiban, who joined lanvin in 2008, had been lan Wang, the taiwanese media magnate who is deputy general manager of the company since 2011. lanvin’s majority owner, had disagreed over strat- she is a graduate of French business school esseC egy at the fast-growing company. D r A Former Tiffany Exec Arrested for Theft Ach roughly $1.5 million M hine By alexaNDRa steigRaD worth of jewelry that P n.co Del A she had checked out NeW yoRK — a former tiffany & Co. executive would have to be written by was arrested tuesday for stealing $1.3 million of off, court papers said. Photo jewelry from the New york-based company, and but tiffany claimed trickMcMull now faces up to 30 years in prison. A that none of that inven- n/P Federal agents arrested ingrid lederhaas-okun, A tory was ever returned, 46, at her Darien, Conn., home, after tiffany ac- “contrary to the usual Yves Saint Laurent parent Kering said Tuesday that chief cused its former employee of “checking out” and practice,” such as in the executive officer Paul Deneve would leave the French fashion selling more than 165 pieces of jewelry with a re- McMull case of damaged jewelry, house after two years. Page 1 trick tail value of more than $1.2 million from November A which would have had to 2012 to February of this year. the former vice pres- P be written off because it Los Angeles area manufacturers are hoping for regulatory by ident of product development pilfered “numerous Ingrid Lederhaas-Okun had been “rendered un- relief in their efforts to build on increased opportunities to boost hoto diamond bracelets, platinum or gold diamond drop P usable in some way.” local manufacturing. Page 1 and hoop earrings, platinum diamond rings and in order to cover her platinum and diamond pendants,” according to tracks, the former vice president allegedly said she Fendi on Thursday will open a 6,500-square-foot, two-level manhattan U.s. attorney Preet bharara. she was had only recently checked out the missing baubles Paris flagship at 51 Avenue Montaigne. Page 3 fired by tiffany in February “as part of an overall in anticipation of “creating a PowerPoint presen- downsizing,” court papers said. tation for her supervisor,” but that presentation The front row of Karl Lagerfeld’s Chanel couture show was Filed in New york federal court, the lawsuit could not be found. fittingly churning with thespians, including Kristen Stewart, Rose alleges that lederhaas-okun sold “some if not she also claimed the jewelry could be found in an Byrne, Michael Pitt and Vanessa Paradis. Page 7 all” of the jewelry for $1.3 million to a midtown envelope in her office, but that, too, was never found. manhattan-based company that buys and resells lederhaas-okun has been charged with one Olah Inc. has formed a marketing and product development jewelry. that reseller paid for the merchandise count of wire fraud, which carries a maximum pen- by paying either lederhaas-okun’s husband or a alty of 20 years in jail, and one count of interstate relationship with Prosperity Textiles, a Chinese firm with a friend working on her behalf. transportation of stolen property, which carries a monthly capacity of about 5 million yards of denim. Page 8 bharara pointed to more than 75 checks written maximum penalty of 10 years in prison. bail was by the reseller, which ranged in value from $7,525 set at $250,000 to be signed by two financially re- A clutch of boutique openings in Europe and Asia should push to $47,400, and totaled $1.3 million. sponsible cosigners and secured by $25,000 in cash Acne Studios past the revenue threshold of 100 million euros, Following tiffany’s November 2012 statement or property as well as the surrender of all travel or $130 million, this year. Page 8 that it was going to conduct an inventory review, documents and no new applications. lederhaas- lederhaas-okun, who had worked at the firm since okun was released on tuesday, with all conditions Urban Outfitters Inc. will build its largest store in the world in 1991 according to her linkedin profile, reported to be met by July 9. Manhattan to unveil a new “lifestyle center” concept. Page 9 Ambassador Claudio Bisogniero and his wife, Laura Denise, are celebrating Italian culture in America this year. Page 10 Clinton Center Showcases Oscar Julianne Moore is the face of the Reed Krakoff fall campaign, which the designer himself photographed on location at the ago, de la Renta would like to see her return to the By RosemaRy FeitelbeRg Cultural Services of the French Embassy in New York. Page 10 oval office as president. “i do hope that Hillary will be our next president. they are really extraor- Belk Inc. is seeking national exposure by sponsoring the 12th NeW yoRK — Friendly as he has been with bill and dinary people,” he said tuesday. season of “Project Runway.” Page 11 Hillary Rodham Clinton over the years, oscar de For the event, Rodham Clinton will no doubt la Renta will be making his first trip to little Rock, wear something designed by de la Renta, but she ark., monday for what should be an eventful night. did not make any special requests. “i don’t even L Capital has acquired a 53 percent majority stake in two private planes are lined up to fly in the de- know what she is wearing.