The week's top stories in fashion news.
- There may be Russian soldiers occupying the Crimea, but many luxury retailers in the Ukraine's capital city of Kiev are keeping their doors open—for now. The Ferragamo store is still open for business, even during the massive anti-government protests that started there last November. Locals can still shop at the Chanel and Tom Ford outposts, too, though Ford's store had been on-and-off since December. (WWD)
- After lots of corporate volleys, Jos. A. Bank has finally agreed to accept a purchase offer from Men's Wearhouse. The deal was in the works for some time, and at one point each retailer had offered to buy the other. Perhaps the best description of the merger came from an analyst who said, "I'm buying you.' 'No, I'm buying you!'" (The New York Times)
- Next week, Nordstrom will unveil a special footwear section called The Sneaker Project on its website and in a select few stores. The Project features shoes from lesser known labels like Gourmet and Del Toro, as well as pairs from Nike, Puma, Adidas, and the like. (Nordstrom)
- Michael Bastian's second capsule collection of polo shirts for Uniqlo launched on Tuesday. He plastered his Instagram feed with photos of the shirts, and got pretty direct in one caption, telling his fans to "Get to the Uniqlo store or go on-line soon—they tend to go quickly," he wrote. (Uniqlo)
- Prada purchased an 80% stake in famed Milanese pastry shop Pasticceria Marchesi. According to a press release from the brand, the investment seeks to strengthen the brand "both within Milan…and internationally." Whether that means Prada stores will start selling designer pannetone remains to be seen. (The Daily Telegraph)
—Details associate online style editor Justin Fenner.
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