DAILY EDITION JANUARY 3, 2017 Fashion. Beauty. Business. Forecast 2017 ● The Trump Effect on Trade ● Asia and Europe at Turning Points ● Beauty M&A A-go-go ● Will the Social Swans Fly Under Trump? ● Retail, Tech Talk and More sia Pietrzyk A Illustration by by Illustration Printed Daily DISTRIBUTED IN EACH CITY Men’s Fashion Weeks Men’s Milan FW Men’s Paris FW Men’s NYFW Daily Daily Daily ISSUE: January 13 ISSUE: January 20 ISSUE: February 1 CLOSE: 01/09 · MATERIALS: 01/10 CLOSE: 01/16 · MATERIALS: 01/17 CLOSE: 01/26 · MATERIALS: 01/27 FOR MORE INFORMATION, PLEASE CONTACT PAMELA FIRESTONE, ASSOCIATE PUBLISHER AT 212 256 8103 OR [email protected] JANUARY 3, 2017 3 BUSINESS TOP 5 PMC, Rockbridge in TRENDING Robb Report Joint Venture ON WWD.COM ● Penske Media Corporation 1976, provides advice and recommenda- activation to deliver optimal consumer has invested in the guide to tions in superluxe categories such as avi- and advertiser experiences.” ation, boating, automobiles and watches. Robb Report will continue to exist the luxury lifestyle. The brand has steadily expanded its as an independent brand, but its New BY KARA BLOOMGARDEN-SMOKE global footprint in the last couple of York and Los Angeles locations will join years. It was acquired in 2014 by the the PMC offices on either coast. Finan- Detroit-based Rockbridge Growth. cial details of the partnership were not Penske Media Corporation is part- The deal between PMC and Rock- disclosed. nering with Rockbridge Growth Equity bridge is scheduled to close in early PMC is a leading digital media and on the Robb Report, the companies January and will provide an opportunity information services company. Its owned revealed today. With this deal, PMC will for both companies to expand on the and operated brands reach more than add a stake in the authority on luxury current strengths of the Robb Report’s 179 million visitors monthly, according lifestyle for the ultra-affluent consumer consumer reach while growing its reach to comScore, and Penske Media was to a stable of titles that includes WWD, and building up its digital platform. recently named one of the Top 100 Pri- Variety, Hollywood Life and Deadline. “The partnership with PMC is a strong vate Companies in the United States and “Over the past four decades Robb strategic fit and joining forces will accel- North America. PMC is one of the largest Report has cemented its position as the erate and drive Robb Report’s future digital media companies in the world, world’s leading brand for luxury lifestyle,” growth,” said Brian Hermelin, managing publishing more than 20 digital media PMC chairman and chief executive officer partner for Rockbridge Growth Equity. brands, including its India.com joint Jay Penske said. “To bring the Robb “The joint venture and PMC’s investment venture with ZEE TV in India. PMC addi- Report onto the PMC digital platform is a allows us to focus our combined energies tionally owns and produces more than Gwen Stefani on remarkable opportunity to further propel on expanding Robb Report’s digital capa- 80 annual events, summits, award shows this pioneering media brand.” bilities as well as continuing to improve and conferences while housing a dynamic Fashion, Beauty, Robb Report, which was founded in its print distribution channels and event research and emerging data business. Love and Her Latest Deal with BUSINESS Revlon ● Stefani has signed on as a WeChat Sees User Numbers Revlon global ambassador. ● Model Anna Cleveland Grow 35% in 2016 Faces $350,000 Lawsuit ● ● Of that total, 50 percent spent and video calls — a newer function on White Gloves Only at an average of 90 minutes per WeChat — grew 180 percent to 100 million The 62nd International this year, WeChat said. Debutante Ball day on the platform. As well as its own embedded payment BY CASEY HALL platform, WeChat Pay, WeChat also ● Anna Wintour, features the “Lucky Money” feature, Anya Hindmarch, which allows users to send virtual “red Victoria Beckham SHANGHAI — WeChat, China’s largest envelopes” traditionally given in China on and most pervasive social media plat- special occasions and festivals. Recognized in Queen’s form, saw its number of active users this Users in 2016 sent an average of 514 New Year Honor’s List year grow 35 percent to 768 million. Of yuan, or $74 at current exchange, per that total, 50 percent spent an average of month in Lucky Money envelopes to ● Nike Signs on Golfing 90 minutes per day on the platform. friends and connections, which extrapo- Champion Jason Day Unsurprisingly for a smart- The WeChat logo. lates out to more than 4.6 trillion yuan, or phone-based social media platform, the $644 billion, in Lucky Money being sent user base skews young, with 14 percent on Thursday. over the platform this year. of monthly active users between the ages Also on the increase in 2016 was the As reported, WeChat has become a of 17 and 21, with only one percent of amount of communication between significant part of retailers’ strategy for monthly active users over the age of 55. WeChat users. The number of messages China. Most recently, Coach decided to NEWSMAKERS WeChat, owned by Tencent, released the exchanged on WeChat rose 67 percent shutter its store on Alibaba’s Tmall in data at a press conference in Guangzhou year-on-year, while the number of voice favor of selling through WeChat. This Week’s Most ones J Talked About Names In Our Industry How to Use WWD’s E-viewer Tumi’s Jerome Tumi’s Jerome Tumi’s Jerome EX/Shutterstock; Wintour by Katie Katie by Wintour EX/Shutterstock; Griffith Gains Griffith Gains Griffith Gains R Support As Lands’ Support As Lands’ Support As Lands’ End CEO End CEO End CEO Gwen Stefani Donald Trump Sleep Sleep Sleep Sleep Sleep Sleep No More No More No More No More No More No More 1. Tap the headline 2. Double-tap 3. To print this issue, 4. Like the e-viewer format for to launch the text-reader to zoom in on a page. hover over the bottom right WWD’s Digital Daily? version of an article. of your browser window and Let us know. E-mail Anna Wintour Anya Hindmarch click on the ellipsis symbol “…”. [email protected] with Choose the Print option questions or comments. from the menu. Stefani photographs by Derek Wood and Matt Baron; Trump by by Trump and Matt Baron; Wood Derek by photographs Stefani 4 JANUARY 3, 2017 BEAUTY Gwen Stefani on Her Latest Deal With Revlon ● The musician and “Voice” judge has signed on as a global ambassador for the beauty brand. BY ALLISON COLLINS It’s pretty obvious from her signature red lipstick that Gwen Stefani is big on beauty — but now, she’s making it official. The singer-actress-designer is the latest global ambassador for Revlon. It’s a long way from the Borghese counter at The Broadway in Anaheim, Calif., where she spent some of her younger years testing out her makeup artistry skills on shoppers. “I was a makeup artist when I was in my early twenties at the mall, they never trained me,” Stefani said. “I worked behind the counter there for Borghese, which nobody bought because it was expensive, and Ultima II, which I think is Attending the MTV Music actually owned by Revlon.” (It is.) Awards at the Metropolitan Opera House in 2001. Her target was the shopper who was intimated by the other salespeople (“they Stefani at the 33rd purposely make you feel horrible,” Stefani Annual Kennedy Center Honors in 2010. contends). “I’d be like, ‘Let me put some makeup on you, let me show you what you could look like,’” she said. “I just remember making people feel so much joy and so inspired and so full of confidence, and that’s what makeup can do.” But Stefani wasn’t chosen for the Revlon gig for her makeup application skills, advanced as they may be. “Gwen will clearly appeal to makeup enthusiasts,” said Benjamin Karsch, Revlon’s chief marketing officer. “She’s known far and wide for her red lips, so that’s definitely part of the attractiveness as a brand ambassador for Revlon, but that’s really combined with who she is as a person and also her love story.” Karsch is referring to Stefani’s blossom- ing romance with Blake Shelton, one of her fellow mentors on NBC’s “The Voice,” following a public split from ex-husband Gavin Rossdale. She joins the ranks of Ciara, Halle Berry, Olivia Wilde and Alejandra Espinoza, who are also Revlon Gwen Stefani at wrote, like, how did I do that?” ambassadors. 102.7 KIIS FM’S So she went back in the studio, writing “They have this Choose Love campaign, Wango Tango in 2016. most of her latest album in eight weeks which is full of choice and positivity and and then embarking on a tour. “Being dreams and truth and I feel like that’s “[The] Choose Love campaign...is full of choice on tour is like, a real exchange of love,” aligning exactly with where I’m at in my Stefani said. “You literally are giving all personal life in the last couple of years and positivity and dreams and truth and I feel of yourself every night…everybody there and how I’ve had to kind of choose love, was clearly connected to my story…it choose truth, choose to be positive and like that’s aligning exactly with where I’m at in was just an incredible healing, amazing, work my way back to a place of using my mind-blowing experience.” gift and sharing my love with people,” my personal life.” But despite the positivity generated from Stefani said.