John Hardy is forging ahead with its expansion plan under relatively new owner L Catterton. The brand will make its foray into privately operated U.S. retail this fall by opening stores in Houston and New York. A third U.S. store, in a yet-to-be-determined location, will open in early 2017.The Houston location, opening in September, will be located in the River Oaks District. The brand will occupy a 1,000 square-foot space.In New York, John Hardy will open in SoHo at 118 Prince Street. The 1,200 square-foot space will open in November.These openings are coupled with the Bali-based label’s e-commerce expansion.“We are looking to become a true multichannel brand,” chief executive officer Robert Hanson told WWD.“The U.S. and North America are our largest commercial market — 80 percent of our revenue is in U.S. but is almost entirely done through wholesale. We haven’t had boutiques in U.S. before; this will mark the brand’s first foray into U.S. retail. We have boutiques in Bali, Jakarta and Hong Kong,” he added.The label will also elevate the scope of its product offering under the watch of newly instated creative director Hollie Bonneville Barden — whose appointment was first announced by WWD last month.“We are really focused on becoming a jeweler — moving beyond a silversmith to a goldsmith and stone setter,” said Hanson. As such, the label plans to move its average price point from $750 to just over $1,000,“to keep our core customer with us but bring new customers to the brand.”
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion