H&M to Drop Model Moss Over Admitted Drug Use
New York City, Yesterday, H&M dismissed Kate Moss as its centerpiece from a planned advertising campaign following an admission of cocaine use by the top model. The verdict by Europe’s largest clothing chain, with 78 American stores, came as a surprise, considering that H&M earlier stated that Moss would be forgiven and the campaign would proceed as scheduled.
However, after H&M’s initial pardoning, public complaints via the Internet and the media seemed to force the European retailer’s hand. With such a strong client base of teenagers and young adults, H&M deemed it best to distance itself from drugs, as H&M representative Jennifer Uglialoro cited the need for retailers to employ “healthy, wholesome, and sound” agents.
As for Moss, her future is uncertain. Earning more than $9 million a year, she appears in advertising campaigns for many top fashion companies, including Chanel, Burberry and Dior. At this point, it is unclear whether other companies will follow H&M’s lead and distance themselves from Moss.
Safeway Appoints White
Pleasanton, Calif., Safeway Inc. appointed James D. White, 44, to the position of senior VP, corporate brands. He will oversee the corporate brands organization including its marketing, manufacturing, finance and outside sales functions. He joins Safeway from Gillette Company where he spent three years as senior VP for business development, North America.
Seven-Eleven Japan Extends Offer
Tokyo, Seven-Eleven Japan Co. announced that, at the request of the special committee of the board of directors of 7-Eleven, it has extended its all-cash offer for the outstanding shares of 7-Eleven that it does not already own until midnight, EST, on Tuesday, Oct. 18. The extension will provide the special committee with additional time to complete its review and evaluation of the tender offer.