LVMH opens applications for the 5th LVMH Prize

PARIS, France, 2017-Dec-19 — /EPR Retail News/ — The applications for the 5th LVMH Prize will open starting from Friday, December 15, 2017. Applications must be submitted exclusively on the Prize website. The application closing date is set for February 4, 2018.

The LVMH Prize for Young Fashion Designers is open to all designers under 40 who have produced at least two womenswear, menswear or unisex collections.

Since it was launched in 2014 by the LVMH group, the Prize has truly benefited young fashion designers and is aimed at young designers from all over the world. Over the course of the four previous editions, it has demonstrated its commitment to discovering, supporting and nurturing young promising talent.

The winner of the LVMH Prize for Young Fashion Designers will receive 300,000 euro and enjoy a one-year mentorship provided by a dedicated LVMH team, in all the fields of expertise involved in developing a brand.

Moreover, the Prize honours three young graduates who have completed a course in a fashion school by giving them the opportunity to join the creative team at one of the Houses of the group for one year, as well as a 10,000 euro grant.

Selected among over 1,250 candidates hailing from 90 countries, the 21 semi-finalists from the fourth edition were invited to Paris during Fashion Week. The 2017 Prize was awarded to French designer Marine Serre, while Kozaburo Akasaka from Japan, was awarded the Special Prize.

Additional information regarding the fifth edition of the LVMH Prize for Young Fashion Designers will follow early January, involving the members of the jury, the panel of international experts from the fashion industry who will select the finalists of the 2018 LVMH Prize, the schedule of the Prize and communication themes.

Former winners
Marine Serre (Winner 2017)
Kozaburo Akasaka (Special Prize 2017)
Grace Wales Bonner (Winner 2016)
Vejas (Special Prize 2016)
Marques’Almeida (Winner 2015)
Jacquemus (Special Prize 2015)
Thomas Tait (Winner 2014)
Hood by Air (Special Prize 2014)
Miuniku (Special Prize 2014)

SOURCE: LVMH

Media Contacts:
Americas:
lvmhprize@prconsulting.net
International:
lvmhprize@prconsultingparis.net

 

H&M opens on Tmall in spring 2018

H&M opens on Tmall, the world’s largest e-commerce platform, during spring 2018

Stockholm, SWEDEN, 2017-Dec-19 — /EPR Retail News/ — H&M opened its first store in mainland China 10 years ago. Today H&M group revenues in China amount to SEK 11 billion (approximately USD 1.3 billion) in more than 500 physical stores and online. The H&M group brand Monki has had a strong development in China since its launch on Tmall and the collaboration between the two groups is now being extended to include both the H&M brand and H&M Home. There are also far advanced discussions regarding the launch of the remaining brands in the H&M group on Tmall.

“As one of the world’s most innovative fashion companies, H&M is a perfect fit for Alibaba’s Tmall platform,” says Michael Evans, President of Alibaba Group. “We are honored to expand our cooperation with H&M and host their flagship store, enabling H&M brands to engage with our half a billion consumers.”

“We are very happy to be able to make H&M even more accessible in mainland China. Tmall is an important complement to our existing physical and digital stores. We see great potential for substantial future growth and Tmall will be an important part of this,” says Karl-Johan Persson, CEO of the H&M group.

SOURCE: H & M Hennes & Mauritz AB

Head of Media Relations
Katarina Kempe
+46 8 5780 85 54

H&M announces G-Eazy x H&M collection of new season menswear essentials

H&M announces G-Eazy x H&M collection of new season menswear essentials

Stockholm, SWEDEN, 2017-Dec-19 — /EPR Retail News/ — Multi-platinum recording artist and producer G-Eazy, who releases his new album The Beautiful & Damned worldwide today, has worked creatively together with H&M to develop the new season H&M pieces that define his on-point style. The G-Eazy x H&M collection drops on March 1 at H&M stores worldwide, as well as online.

“My style is like my signature and part of my creativity, it’s my way of expressing myself as an artist. I’m so proud of the G-Eazy x H&M collection and I’m excited to share it with the world,”  — G-Eazy.

“G-Eazy is such a cool guy, he defines the menswear moment right now and it’s been a real pleasure to work with him on these sharp pieces. We love his unique take on streetwear with tailoring, and his love of checks and vivid colour. We look forward to reveal more about the collection with all G-Eazy and H&M fans.” says Andreas Löwenstam, H&M’s men’s head of design.

For full interview with G-Eazy, head to www.hm.com/magazine

SOURCE: H & M Hennes & Mauritz AB

Head of Media Relations
Katarina Kempe
+46 8 5780 85 54

Luxottica Group to terminate the employment and administration relationship with Massimo Vian

Milan, Italy, 2017-Dec-19 — /EPR Retail News/ — Luxottica Group S.p.A. (MTA: LUX) announced today that an agreement to terminate the employment and administration relationship between Massimo Vian and the Company, was approved by the Board of Directors in a meeting held today after carrying out an appropriate review and assessment. The Board resolved that, as part of the abovementioned agreement, Massimo Vian is to be paid a gross total amount of Euro 6,300,000 in addition to severance pay which is linked to the consensual termination of the employment relationship effective December 31, 2017 and the administration relationship which has been terminated and is immediately effective.

The abovementioned amount has been determined as follows:

  • Euro 3,000,000 as a redundancy incentive in accordance with the obligations established pursuant to the agreement between Massimo Vian and the Company in December 2014;
  • Euro 500,000 as remuneration for non-solicitation and non-competition obligations, according to the provisions of the abovementioned agreement;
  • Euro 1,300,000 as consideration for the ordinary grant under the 2015 Performance Shares Plan, which vested but was not assigned;
  • Euro 1,300,000 as remuneration for the renunciation of all rights granted to Massimo Vian under the Company’s long-term incentive plans;
  • Euro 200,000 as compensation for a settlement and novation agreement.

This conclusion was reached in compliance and under the terms of the Remuneration Policy, published by the Company, and in accordance with the obligations established pursuant to the agreement between Massimo Vian and the Company in December 2014, when his pre-existing employment relationship was superseded and novated.

The amount determined as part of the settlement and novation agreement shall be paid in consideration of Massimo Vian waiving, towards Luxottica Group S.p.A and every other entity included in the Group, any claim or right in any case connected or related to the employment and administration relationships and their resolution.

The amount to be paid to Massimo Vian for his agreement to refrain from soliciting employees and associates of Luxottica Group S.p.A. or other entities within the Group, and for complying with a global territory non-competition agreement, both lasting 24 months from the date of termination of the employment relationship with the Company, shall be paid in equal quarterly installments starting from the date of termination of the employment relationship. The remaining amount shall be paid within 45 days after the termination of the employment relationship.

In light of the overall treatment determined as indicated above, and for the provisions not specifically contemplated in the Remuneration Policy, the agreement with Massimo Vian qualifies as a transaction with related parties of lesser significance pursuant to the Procedure adopted by the Company on the matter, which may not benefit from the exemption of the application of the related 2 procedural discipline. The terms and provisions of this transaction, prior to approval by the Board of Directors, were reviewed by the Human Resources Committee of Luxottica Group S.p.A, consisting of non-executive and unrelated directors, a majority of whom are independent. The Human Resources Committee, which is charged with carrying out the functions assigned by the Procedure to an internal committee of the Board with regard to remuneration and economic benefits to the Directors and executive officers with key responsibilities, expressed its reasoned favorable opinion on the terms of the agreement.

The Company acknowledges also the adoption of a new governance model, which replaces the former co-CEO model, and prevents from executing its outstanding succession plan, which was previously reviewed by the Human Resources Committee.

SOURCE: LUXOTTICA GROUP

Contacts
Alessandra Senici
Group Investor Relations and Corporate Communications Director
Tel.: +39 (02) 8633 4870
Email: InvestorRelations@luxottica.com
http://www.luxottica.com/en/investors/contacts

Marco Catalani
Group Corporate Media Relations Senior Manager
Tel.: +39 (02) 8633 4470
Email: corporate.communication@luxottica.com

Whole Foods Market reveals the bestselling holiday staples to inspire home cooks for the hosting season

Includes customers’ top searched recipes, preferred products, and common Alexa questions during this holiday season

AUSTIN, Texas, 2017-Dec-19 — /EPR Retail News/ — As the holiday entertaining season continues, Whole Foods Market is revealing some of their customers’ foodie favorites for the season, including the most searched and top-rated recipes, favorite prepared foods, and the bestselling holiday staples featuring new lower prices to inspire home cooks for the hosting season.

Here’s a look at the top food-focused favorites:

Top recipes searched on wfm.com  

Whole Foods Market is constantly experimenting with new flavors and developing delicious recipes to create convenient meal solutions for their customers. This year, recipes for Dry Brined Citrus TurkeyClassic Butternut Squash Soup and Classic Gluten-Free Stuffing ranked among top customer picks, featuring fresh, unique ingredients, and easy-to-follow instructions to make anyone feel like a culinary innovator – right in their own kitchen.

Most popular prepared food picks

Whole Foods Market is renowned for its innovative prepared foods offerings and bakery items that are inspired by local flavors. For the holiday season, the brand’s global e-store menu featured items ranging from full turkey dinners with all the trimmings to exclusive offerings developed by local chef partners. According to customers, this year’s top prepared picks were: the nine-inch Bittersweet Chocolate Pecan Pie from cult-favorite Brooklyn-based pie shop, Four & Twenty Blackbirds, the Thanksgiving dinner for 12, and the vegan meal from the renowned Philadelphia vegan chefs at Vedge.

Favorite Whole Foods Market products on Amazon

Whole Foods Market’s 365 Everyday Value, high-quality private label products became available through Prime Pantry and Prime Now in August. Top-selling items for snacking and baking this holiday season through Prime Pantry and Prime Now include the 365 Everyday Value Organic Dark Chocolate with Coconut (3 ounce), 365 Everyday Value Organic Crunchy Pretzel Sticks, 365 Everyday Value Four Cheese Thin Crust Pizza and 365 Everyday Value Organic Fruit Strips, among others.

Common questions for sous-chef, Alexa!

This holiday season, customers turned to Alexa for their cooking queries and had sweet treats on their mind! The request, “Give me a recipe for hot chocolate” topped the list of most asked-for recipes, followed by “How do you make chocolate chip cookies?” at a close second.

Preferred price-reduced products at Whole Foods Market

Beginning immediately following the close of the acquisition, Whole Foods Market began rolling out lower prices on a selection of grocery staples across its stores, with the most recent wave focusing on best-selling holiday staples. This year, Whole Foods Market saw the highest amount of sales on turkeys and sweet potatoes – ever.

From fresh, seasonal ingredients for your holiday table, to cooking and baking advice from sous-chef Alexa, Whole Foods Market and Amazon have everything you need to make delicious memories this holiday season.

SOURCE: Whole Foods Market

MEDIA CONTACT
SOmedia@wholefoods.com 

Whole Foods Market to replace its Pinecrest location with the opening of Dadeland store on Wednesday, Jan. 10, 2018

New store to replace Pinecrest location, offering community a more complete food experience

FORT LAUDERDALE, Fla., 2017-Dec-19 — /EPR Retail News/ — Whole Foods Market’s Dadeland store will open Wednesday, Jan. 10, 2018 replacing the nearby Pinecrest location and providing the neighborhood a more elevated grocery shopping and dining experience. The store will open at 9 a.m. with a celebration featuring favorite local suppliers and hometown flavor.

“We are so excited to bring this community a beautiful new grocery store that offers them a true destination for celebrating food,” said Adrienne Hutchings, the store’s team leader. “We’ve proudly served Pinecrest for 19 years and this store will allow us to continue that tradition with even more bells and whistles. We can’t wait to open our doors!”

The 46,700 square foot store, located at 7930 Southwest 104th Street will offer a large selection of grab-and-go prepared foods, grocery items, including many local Florida products, and unique venues including:

  • El Bocadillo – A Miami-style mix of Latin and Caribbean flavors in a Whole Foods Market gastropub setting with comfortable seating and a carefully curated beer and wine selection.
  • Full service Allegro coffee bar
  • Self-service cold-pressed juice on tap
  • Amazon Lockers for convenient in-store package pick up and returns

Every item sold in the store meets Whole Foods Market’s rigorous quality standards and is free of artificial flavors, colors, sweeteners, preservatives and hydrogenated fats.

Whole Foods Market Dadeland will replace the smaller Pinecrest store located 1 mile south at 11701 South Dixie Highway, which will close Sunday, Jan. 7. The nearly 200 team members transferring from the Pinecrest store will be joined by approximately 70 new locally hired team members.

Whole Foods Market Dadeland’s regular hours of operation will be 8 a.m. – 10 p.m., daily.

For additional information and future announcements, please visit www.wholefoodsmarket.com.

SOURCE: Whole Foods Market

MEDIA CONTACT
FLmedia@wholefoods.com 

Xcel Brands recognized at the 2017 Best in Biz Awards

ACROSS A COMPETITIVE FIELD OF 650 ENTRIES, THE LEADING RETAIL INNOVATOR IS RECOGNIZED AS ONE OF THE TOP COMPANIES OF THE YEAR

NEW YORK, NY, 2017-Dec-19 — /EPR Retail News/ — Xcel Brands, Inc. (NASDAQ:XELB), a brand management and media company whose portfolio includes brands such as Isaac Mizrahi, Judith Ripka, H Halston and C. Wonder, has been named a silver winner for the medium-sized Company of the Year category in the 2017 Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Xcel Brands was selected across a competitive field of 650 entries including public and private companies of all sizes and from a variety of industries and geographic regions in the U.S. and Canada.

An innovator and disruptor in the retail industry, Xcel Brands received this recognition due to its impressive growth, achievements and excellence in 2016 and 2017. Following its third consecutive year of double digit growth and reaching in excess of $500MM in retail sales last year, Xcel Brands continues to make an impact on the retail industry through its “fast-to-market” model that delivers goods from sketch to store in as little as six weeks, compared to the industry average of six to nine months. In addition, Xcel uses its proprietary Integrated Technologies platform, which includes data science, trend analytics and social listening tools, to identify and execute on emerging trends and inventory opportunities. At its highest level, Xcel Brands is a solutions provider to its retail partners, acting as a virtual supply chain that gives the retailer the entire margin and works on a percentage of sales.

“We are honored to be recognized as one of the top Companies of the Year by the Best in Biz Awards,” said Xcel Brands Chairman and CEO, Robert D’Loren. “This recognition is a testament to the hard work and dedication of our entire team, and the success and innovation that we’ve brought to our brands and retail partners through our fast-to-market approach. We are looking forward to the company’s continued innovation and the growth it will drive in 2018.”

Each year, Best in Biz Award entrants span a broad spectrum, from some of the most innovative local start-ups to the most recognizable global brands such as Wells Fargo, GoDaddy, Ernst & Young. The 2017 judging panel included individuals from leading publications such as the Associated Press, Forbes and Harvard Business Review, among others.

About Xcel Brands (www.xcelbrands.com)
Xcel Brands, Inc. (NASDAQ:XELB) is a media and consumer products company engaged in the design, production, licensing, marketing and direct-to-consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of dynamic consumer lifestyle brands. Xcel was founded by Robert W. D’Loren in 2011 with a vision to reimagine shopping, entertainment and social as one. Xcel owns and manages the Isaac Mizrahi, Judith Ripka, H Halston, C. Wonder and Highline Collective brands, pioneering an omnichannel sales strategy which includes the promotion and sale of products under its brands through direct-response television, internet, brick and mortar retail, and e-commerce channels. Headquartered in New York City, Xcel Brands is led by an executive team with significant technology, design, merchandising, production, marketing, retailing, and licensing experience and a proven track record of success in elevating branded consumer products companies. With a team of over 100 professionals focused on design, production, and digital marketing, Xcel maintains control of product quality and promotion across all of its product categories and distribution channels. The total lifetime retail sales of its brands exceed $7.5 billion.

SOURCE: Xcel Brands/ GLOBE NEWSWIRE

Contact

Stephanie Taylor
347-727-2483
staylor@xcelbrands.com

ShopRite puts the spotlight on its team of highly trained butchers

ShopRite puts the spotlight on its team of highly trained butchers

Keasbey, NJ, 2017-Dec-19 — /EPR Retail News/ — Every day, ShopRite butchers butterfly pork chops, thin slice chicken breasts, split steaks and custom grind cuts of meat, all to a customer’s taste. And this holiday season,  ShopRite is highlighting its team of highly trained butchers as in-house experts who can help customers make the most of holiday meals, whether barbecuing, roasting or stewing.

When it comes to the holidays – one of the busiest times of year for ShopRite’s meat departments – ShopRite stores take extra steps to ensure their customers are getting a premium service while saving them precious time. ShopRite butchers can help customers find the perfect size turkey for their guests, and shoppers can pre-order sausage for their stuffing or extra thighs and wings for gravy.

Special orders really ramp up in December, when many of the prime rib roasts in the meat case are loosened off the bone and hand-tied by ShopRite butchers who prepare the holiday roasts to meet increased demand.  Butchers are always available to take special orders and make suggestions on the best cuts of meat.

Few supermarkets offer both the expertise of in-store butchers and the guaranteed freshness of daily deliveries. But ShopRite offers both, with butcher service similar to the old-fashioned corner meat market.

ShopRite of Pearl River’s team of butchers in the ShopRite store in Pearl River, N.Y. has nearly 160 years of combined experience. It’s not uncommon for customers to ask for their favorite butcher at the ShopRite of Pearl River.

“Our ShopRite butchers provide great service with a real personal touch that our customers appreciate,” said ShopRite Pearl River Meat Manager Bill Scorzetti. “We want to give the best cut of meat to our customers because that means they will come back to us.”

Eighty-three-year-old Bernard Smith, who has worked at the Pearl River store for the last decade, stumbled into the trade more than 60 years ago when his mother wanted him to find a job. She got him a spot in a butcher shop in Manhattan and he never looked back.

“I love what I do, and I love working with customers. We take a lot of pride in our work,” said Smith, who is featured in a video on the ShopRite of Pearl River Facebook page.

At ShopRite of Hillsdale in Hillsdale, N.J., Tony Garcia, a third-generation butcher, also followed his family’s tradition in the trade.

“The first thing my dad said was, ‘You have to take care of the customer,” Garcia said. “That’s the key to the business. If you take care of the customer, you’ll be fine.”

The ShopRite of Hillsdale recently opened one the very first certified organic butcher service station in a supermarket. Butchers at the store will have the ability to prepare and custom cut organic beef, poultry and pork on a USDA-certified counter dedicated to organic food preparation.

More shoppers today are seeking grass-fed, organic, and pasture raised meats. ShopRite, which has expanded organic and natural sections in the meat department, also recently introduced Farm Promise, a line of beef and pork products that comes from family-owned farms in New Jersey, Pennsylvania, Maryland, Delaware and upstate New York.

ShopRite stores were also recognized recently for being a top seller of high quality Certified Angus Beef (CAB), meeting strict standards for marbling, tenderness, appearance and taste when it comes to the CAB label.

Whether it’s seasoned burgers for shoppers needing a quick dinner solution, grass-fed, paleo-friendly meats, or the perfect roast for a holiday dinner, ShopRite’s butchers are committed to providing a robust selection, great service and the finest, freshest meat that’s really a cut above the rest.

For more information, visit www.shoprite.com.

About ShopRite 
ShopRite is the registered trademark of Wakefern Food Corp., a retailer-owned cooperative based in Keasbey, NJ, and the largest supermarket cooperative in the United States. With more than 270 ShopRite supermarkets located throughout New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland, ShopRite serves more than six million customers each week. A long-time supporter of key community efforts, ShopRite is dedicated to fighting hunger in the communities it serves. Through its ShopRite Partners In Caring program, ShopRite has donated more than $43 million to 1,700 worthy charities and food banks since the program began in 1999. For more information, please visit www.ShopRite.com.

SOURCE:  Wakefern Food Corp

CBL Properties promotes Randy Owens to Vice President – Leasing

CHATTANOOGA, Tenn., 2017-Dec-19 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today announced the promotion of Randy Owens to Vice President – Leasing.

“During his 30 years with CBL, Randy has nurtured relationships with key national retailers throughout our portfolio.  He has also completed deals with a number of expanding retailers including CBL’s first ULTA Beauty store in 2011,” stated Stephen Lebovitz, president & CEO, CBL Properties. “Randy’s enthusiasm and expertise is highly regarded among his peers at CBL as well as with our retail partners. We are pleased to recognize his accomplishments and contributions to the company with this well-deserved promotion.”

Randy started his career at CBL in 1988 as a District Leasing Manager in CBL’s Community Center Leasing Division. In 2002, Randy was promoted to Senior Leasing Manager and in 2007, to Regional Leasing Director. In his new role, Randy will lead the national account and portfolio renewal team and will play a key leadership role in CBL’s overall leasing program.

About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 119 properties totaling 74.4 million square feet across 27 states, including 76 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.  For more information visit cblproperties.com.

-END-

SOURCE: CBL Properties

MEDIA CONTACT
cbl.publicrelations@cblproperties.com

BESTSELLER publishes strategic action points on post-consumer textile waste

BESTSELLER publishes strategic action points on post-consumer textile waste

BESTSELLER publishes strategic action points on post-consumer textile waste as part of the Global Fashion Agenda’s Call To Action.

BRANDE, Denmark, 2017-Dec-19 — /EPR Retail News/ — BESTSELLER is Strategic Partner in the Global Fashion Agenda, a group working to set a common direction for industry efforts on sustainability. Today, BESTSELLER announces three strategic action points on post-consumer textile waste as a response to the Call To Action put out by Global Fashion Agenda in early 2017.

The action points are considered accelerators in the transition to a circular fashion system, and BESTSELLER has committed to report on the progress annually until 2020.

CALL TO ACTION

By 2020, all BESTSELLER designers and buyers will have completed a training module on circular fashion design. “Knowledge is the foundation to address the overall topic and the first action point of ‘implementing a design strategy for cyclability’,” says BESTSELLER Sustainability Manager Dorte Rye and continues: “The second action point supports the focus on ‘increasing volume of used garments collected’. By 2020, BESTSELLER will offer and promote a used garment collection channel to consumers in selected markets together with relevant partners, it must be a setup that makes sense for all parties involved” Dorte states.

The last action point focuses on the goal of ‘Increasing use of recycled textile fibres’. BESTSELLER will conduct a pilot with two jeans styles containing recycled post-consumer cotton. The jeans are to be included in the ‘never out of stock range’ within JACK & JONES. In 2018, the pilot will be completed and results evaluated.

It is important to note that the Call To Action is focused on post-consumer textile waste, meaning that other recycled materials already used in the BESTSELLER supply chain, such as recycled polyester from PET bottles, are not included in this context, “ Dorte stresses.

The specific products in the pilot will contain the highest possible amount of recycled post-consumer cotton to reach a high level of quality. The remaining cotton will be sourced as either Better Cotton or organic cotton.

The published action points are part of a more circular approach in BESTSELLER, but they cannot stand alone. The coming years ahead both BESTSELLER and the entire industry as such must learn together and be very innovative to take on the challenge on creating a more circular system for fashion,” Dorte finishes.

ABOUT GLOBAL FASHION AGENDA
BESTSELLER is Strategic Partner in Global Fashion Agenda. In collaboration with other Strategic Partners (including H&M, Kering, Target, Sustainable Apparel Coalition and Li & Fung), Global Fashion Agenda aims to mobilise the global fashion system to change the way we produce, market and consume fashion. Best known for Copenhagen Fashion Summit, the world’s principal event on sustainability in fashion, Global Fashion Agenda operates as a leadership forum steering the global sustainability conversation.

As a Strategic Partner, BESTSELLER advises on the strategic direction and helps shape the operational focus of Global Fashion Agenda. Furthermore, BESTSELLER provides expert opinion and input for the development of sustainability recommendations for fashion businesses.

SOURCE: BESTSELLER

BESTSELLER COMMUNICATION
+45 99 42 16 62 / communications@bestseller.com