Galeries Lafayette Revamping Flagship Beauty Department PARIS — Galeries Lafayette is sprucing up the beauty floor of its Boulevard Haussmann flagship here.
On Sept. 1, the department store will unveil a completely revamped beauty space that is to offer new services and brands. The floor space for beauty will be increased by 3,229 square feet, to a total of 26,910 square feet.
The new beauty department will carry 260 brands, of which 30 are newcomers, on 66 stands — or 14 more than before the renovation. The space's layout will be reworked to revolve around a central area comprising Christian Dior, Chanel, Lancôme and Guerlain stands. A series of aisles running from that central space will divide the perfumery into treatment, fragrance and makeup sections.
Other novelties are to include made-to-measure cosmetics by Colorlab; a Shu Uemura lash bar; a 377-square-foot L'Oréal Paris stand that groups the company's skin care, makeup and hair care products in one space; an open-sell treatment and hair care area, plus a "parfumothèque" showcasing more than 100 fragrances for customers to sample.
The Galeries Lafayette beauty floor makeover is part of a retail renaissance now taking place on Boulevard Haussmann. The Printemps department store flagship, also on that shopping thoroughfare, created what it calls the world's largest perfumery in 2003. And, right down the street, Sephora opened a door late last year. — Brid Costello
Kao's Molton Brown Buy Finalized LONDON — Japan's Kao Prestige Ltd., a division of Kao Corp., has finalized its acquisition of the London-based beauty marketer Molton Brown.
A Molton Brown statement Friday said the firm was acquired for 170 million British pounds, or $298 million, at current exchange, which includes repayment of debt.
As reported last Tuesday, Kao Corp. had confirmed it was negotiating to buy Molton Brown, which markets a line of products and operates retail stores.
"The addition of this brand to Kao Group's prestige brand portfolio allows Kao to apply its advanced skin care technology to Molton Brown's products, thus enabling Molton Brown to achieve further growth," stated Motoki Ozaki, president and chief executive of Kao Corp. "As a result of this merger, Kao's Prestige Cosmetics business is expected to be able to make inroads into the European prestige cosmetics market."Molton Brown is expected to continue to operate as a stand-alone business within Kao's Prestige Cosmetics division, according to the statement. Michael Warshaw, Molton Brown's group chairman, will remain with the business during the transition period and Charles Denton will continue to run the business as ceo.
As reported, Kao is also considering making a bid to purchase Kanebo and Kanebo Cosmetics from the state-run Industrial Revitalization Organization. Two years ago, Kao unsuccessfully tried to acquire Kanebo Cosmetics from then financially ailing Kanebo Ltd
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