Brand management started out as an idea — strip a fashion business down to its intellectual property and build it back up in an “asset light” manner, focusing on marketing while farming out production and much of the design to licensees. But the approach was profitable enough that it became a mini sector, growing fast … Read more
“It’s exciting. Who would have thunk it?” said Vera Wang Monday morning after a deal for WHP Global to acquire her 35-year-old luxury lifestyle brand was revealed. In a telephone interview with Wang and Yehuda Shmidman, chairman and chief executive officer of WHP Global, the two spoke animatedly about plans for the future, and where … Read more
The Vera Wang fashion brand has a new owner. WHP Global, a leading brand management firm in New York, has agreed to acquire the IP of the Vera Wang brand. As part of the transaction, Vera Wang will continue in her role as founder and chief creative officer and will join WHP Global as a … Read more
Post-election politics were very much in the air among guests at the Society of Memorial Sloan Kettering Cancer Center’s fall party Wednesday night at The Plaza hotel. During cocktails, the din was so loud that many of the well-dressed guests huddled up in conversation. The near-summery night temperatures prompted many of the women in the … Read more
The 2024 DKMS gala Thursday night drew hundreds of attendees and raised millions — with quite the guest list to boot. The annual event, which drew 800 guests and raised $4.7 million at Cipriani Wall Street, honored Vera Wang and saw a mix of celebrities and beauty industry executives in attendance. Wang joined Coty Inc. chief … Read more
DKMS, a nonprofit dedicated to blood cancer and disorders, will honor fashion designer Vera Wang at its 18th annual gala. The event will be held at Cipriani Wall Street in New York City on Oct. 17. DKMS, which has more than 1,300 employees, was founded in Germany in 1991 in an effort to champion research … Read more
A fashionable crowd helped to raise more than $2 million at Tuesday night’s spring gala for the Society of Memorial Sloan Kettering Cancer Center. This year’s initiative at the Plaza Hotel in New York City focused on artificial intelligence and noninvasive technologies for oncologic dermatology in order to fund research using advanced technology to improve … Read more
MILAN — Pronovias has teamed with Elisabetta Franchi for a bridal and occasionwear collection that will bow in the second half of the year. “I always dressed my customers for their special occasions to make them feel beautiful and confident,” said Franchi, who has developed a loyal community, also through a strong social media personal … Read more
Like college, marriage is no longer a must for millions of people, as it may have been for their parents or grandparents. While some are opting for cohabitation versus matrimony, others are postponing weddings until they have more life experience. A 2023 Pew Research Center study determined that relatively few Americans see marriage as essential … Read more
After five years of being on a first-name basis with customers, Dunkin’ changed its name for a day to “Donuts.” Quite the April Fool’s Day prank, the Canton, Mass.-based coffee and donut chain has launched a limited-run of apparel. After being known as Dunkin’ Donuts for decades, the company retooled its name to just “Dunkin’” … Read more
