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 Jul
 07
 2017



Ulrike

Hello,

Welcome to today's issue of The Spin. Today we put the spotlight on collaborations, acquisitions and divestitures as well as the recent reinforcement of strict dress codes on Capitol Hill. Enjoy the read and feel free to share! Cheers, Ulrike



retail

Dream team. Iconic Parisian concept store Colette has developed a collection with Swedish fast fashion retailer H&M. The nine-piece H&M Studio x Colette line (image gallery) is based on H&M’s Studio AW17 designs in a color palette based on Colette’s signature blue. It launches August 21st for a two-week stint at Colette and will move over to H&M on September 14th.


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Buying... QVC owner Liberty Interactive Corp is going to acquire (paywall) the remaining 62% of competitor HSNi. The deal values HSNi at $2.6 billion. Later this year, Liberty Ventures plans to split off QVC Group including QVC, HSNi and Zulily.





brands

...and selling. Private equity firm Blackstone has sold (in German) German outdoor specialist Jack Wolfskin to a group of hedge fonds under the leadership of Bain Capital Credit, HIG/Bayside Capital and CQS. Collectively, these three investors hold a majority stake, the rest is held by about a dozen additional fonds.



Judgment day. Hamburg's Center for Combating Unfair Competition is planning to sue (in German) Levi's. According to German TV channel WDR, the Californian jeans maker offers a low quality jeans style at the Ochtrup outlet center. Tags imply that the model is a discounted regular style, but the Wettbewerbszentrale claims that it has been explicitly produced for off-price channels.





people

Leaving Lanvin. After only 16 months on the job, Artistic Director Bouchra Jarrar will leave Lanvin before the Spring 2018 shows. Frictions have been reported between the designer, who received the Order of Arts and Letters in January, and CEO Michèle Huiban.



After Vrexit. Following several high-profile departures at Vogue UK, the British fashion bible has signed Kate Moss, Naomi Campbell, Grace Coddington and Steve McQueen to join as contributing editors. The new editor-in-chief, Edward Enninful announced the news on Instagram. 





tech

AR kicks. Japanese sneaker giant Onitsuka Tiger and fashion label Anrealage have launched the Anrealage Monte Z (video), possibly the very first AR enhanced sports shoe in the world. Viewed through Anrealage’s AR app -taking up 300MB - the comapny's logo pops out with Japanese band Sakanaction playing in the background.





last

Proper decorum. They have not yet come for Ivanka Trump, but House chamber security has started reinforcing the strict Congressional dress code, including a ban on sleeveless dresses, sneakers and open-toed shoes. Female reporters and staffers who expose their shoulders risk being waylaid and even improvised last minute additions of paper sleeves won’t cut it…







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