J. Crew's creative director Jenna Lyons told THR that David Letterman's replacement, Stephen Colbert, "has a tremendous amount of power."
Evan Agostini / Invision for The Hollywood Reporter /AP ImagesFollowing continuously falling sales, everybody’s go-to preppy clothes supplier J. Crew has made drastic cuts, laying off 175 staffers at its New York corporate headquarters. Among those leaving is Tom Mora, who headed up the brand’s women’s design. Replacing Mora is lead Madewell designer Somsack Sikhounmuong, who will continue to report to J. Crew Group president and executive creative director Jenna Lyons. Joyce Lee, a senior member of Madewell’s design team, will take on the role of head designer at J. Crew’s sister brand, whose sales have been steadily rising. [WWD]
At 76, iconic fashion designer Carolina Herrera knows a thing or two about the industry. So when she addressed the phenomenon of “almost naked” dressing, we were all ears. “Oh God!” remarked Herrera of barely there, sheer gowns, adding that designers that create such dresses are just “trying to get people to pay attention to them. In life, there should be a little mystery.” Wise words, indeed. [Washington Post]
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Unlike J. Crew, Zara’s sales have been surging, especially in cities like Beijing and Copenhagen where the brand expanded it’s flagship stores. Between Feb. 1 and April 30, Zara crushed analysts’ expectations by increasing sales by 28 percent, which equates to roughly $589 million. And now parent company Inditex is beaming with pride. [Fashionista]
Don’t tell Adidas, but Nike and the NBA are like, totally an item now. The National Basketball Association announced an eight-year deal with Nike today, stating that the sportswear brand would be the official on-court apparel provider beginning in 2017-18 season. [NBA]
