Jones Apparel Group Inc. will have controlling interest of Stuart Weitzman Holdings LLC, after they acquire 55 percent of the shoe and accessory company.
Daniela Riccardi, formerly of Procter & Gamble, to head up Diesel as chief executive officer.
Versace gets a victory in a $20 million law suit after winning a seven-year battle with Tres Hermanos Inc. and Monir Awada, who violated trademark laws by using the Versace logo on merchandise including jeans and t-shirts. [WWD]
(Photo credits: stuartweitzman.com, craziestgadgets.com, and watchshop.com)Chicly Yours,
The Chic Spy