The campaign will add to Guadagnino's feature-length documentary on the company's founder Salvatore Ferragamo that will be presented in the Out of Competition section during the Venice Film Festival, which runs Sept. 2 to 12.
Stein Mart has filed for Chapter 11 bankruptcy relief. What might sound like a magic trick was instead the finale of a fashion show that still resonates today.
Stein Mart lost nearly $66 million in the most recent quarter as topline sales fell to $134 million, down from $314 million a year earlier. Report: @sandrasalibian The Jacksonville-based womens and mens apparel company has three stores in … Tap the link in bio for more.
Tap the link in bio for more. The fashion house strengthened its partnership with Italian director Luca Guadagnino to conceive the ad campaign for its spring 2021 collection, which will be unveiled on Sept. 26 with a physical coed fashion show staged at the city's Rotonda della Besana location. : @giovanni_giannoni_photo@Ferragamo invited WWD behind the scenes of its spring 2021 ad campaign in Milan. Shares of Stein Mart fell nearly 48 percent at the start of Wednesday’s trading session after the company revealed its bankruptcy plans. I'm trying to somehow embrace our past, which is of course the fact that our founder was so engaged with filmmaking, but take that concept for now," said the label's creative director Paul Andrew, In the first quarter its sales fell to $134 million, down sharply from $314 million in the year-ago period. But it wasn’t enough to offset losses. Still, a black leather dress also made an appearance during the shoot, donned by Mariacarla Boscono. The company furloughed the majority of its associates and reduced executive pay by 20 percent. Get the latest breaking news delivered straight to your inbox.Copyright © 2020 CBS Interactive Inc. All rights reserved. Still, Stein Mart's financial struggles pre-date the health crisis. "In this peculiar time that we're in, where you can't really do things in the same way as before, I'm very keen to move Ferragamo forward, take this very negative moment we're in and turn it into a positive. Stein Mart had problems going into the pandemic. The company first opened its doors in Mississippi in 1908. The 112-year-old company blamed its failure on changing consumer habits and the pandemic, both of which "have caused significant financial distress on our business," Stein Mart CEO Hunt Hawkins said. Bank; Stage Stores; and Ascena Retail Group, which owns Lane Bryant and Ann Taylor. At the link in bio, the London-based designer reflects on that iconic fashion moment and explains why digital shows can't replace live events. National discount department store chain Stein Mart is "The combined effects of a challenging retail environment coupled with the impact of the Headquartered in Jacksonville, Florida, Stein Mart has more than 280 stores in 30 states specializing in clothing, shoes and housewares. There will be 28 physical shows out of more than 50 events. Be in the know. Stein Mart, Inc. announced Wednesday that it has filed for Chapter 11 bankruptcy protection. © Copyright 2020 - Penske Media Corporation After two decades, Hussein Chalayan's Fall 2000 'After Words' transformative show blurring the lines between fashion and furniture still resonates with the human condition and its relationship with worldly possessions. As used herein, the terms "we," "our," "us," "Stein Mart" and the "Company" refer to Stein Mart, Inc. and its wholly-owned subsidiaries.Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. "Please know that this was an extremely difficult decision, and is deeply disappointing for all of us at Stein Mart," Hawkins said in a statement. Without giving too many details away, Andrew promised the collection will offer "an incredible embrace of color" and unusual tonal combinations, which will evoke one of the core codes of the Ferragamo fashion DNA and will be enhanced by Guadagnino's signature use of light. Among them were Lord & Taylor; J. COVID-19 makes the job too riskyBiden and Harris call for three-month nationwide mask mandateISIS accused of selling fake PPE online to finance terrorismTrump campaign adviser floats false theory about Harris' eligibilityLake Fire in California continues to rage, growing to 10,500 acresNovak Djokovic to play in US Open, Bianca Andreescu opts outFortnite maker sues Apple after being booted from App storeBattleground Tracker: Latest polls, state of the race and more5 things to know about CBS News' 2020 Battleground TrackerBiden has edge in North Carolina, race is tight in Georgia — CBS News pollWhy some mail-in ballots are rejected and how to make sure your vote countsWhat happens if the president doesn't accept the election results?Election Day could turn into "Election Week" with rise in mail ballotsGOP confident in Ohio, but Dems think it's within reach The company borrowed $10 million in June under the federal Paycheck Protection Program, a federal initiative targeted to small businesses affected the coronavirus. When Hussein Chalayan presented his fall 2000 "After Words" collection, he added a new page to the big book of fashion — under the chapter of transformative creations, which he has always had a penchant for and which further sealed his reputation as a conceptual and erudite designer.