Malin + Goetz is has tapped Brad Horowitz as its first chief executive officer.Horowitz was most recently president of Amorepacific North America, and has also held positions at L’Oréal USA and Clarins USA. Horowitz’s arrival at the 14-year old brand is expected to give founders Matthew Malin and Andrew Goetz the ability to shift out of day-to-day company-running tasks and back to creative, brand-building ones.“Matthew and I have become increasingly spread more thinly than we would have liked,” said Goetz. “We realized we needed someone to help us scale the company and to help us do the things we do really well, which includes maintaining the DNA of the company as we expand.”[caption id="attachment_11095193" align="alignleft" width="200"] Malin + Goetz Cannabis Eau de Parfum[/caption]Malin + Goetz makes a gender-neutral range of prestige skin, body, hair, fragrance and candles, including the recently launched Cannabis Eau de Parfum, $165. The line focuses on sensitive skin. Family office Manzanita made a minority investment in the business in December 2014.Horowitz will be in charge of overseeing business expansion, which will include more store openings and an increased focus on digital. Organizing, adding processes and building a “symbiotic relationship” between the brand’s web site and stores are priorities, Horowitz noted.“The idea is how do we take our brand and really put our foot on the gas and expand our store presence … and then of course, digital,” Goetz said.“When we started our business, we launched our store, Barneys, our e-commerce and Liberty — our digital was a really small percentage of our sales,” Goetz said. “Now, digital is a really big percentage.” He estimated e-commerce sales hover around 20 percent of the overall business.Right now, Malin + Goetz has four stores in New York, three in Los Angeles and two in London, and plans to grow that network — in the near-term, with a store in Century City, Calif., and another in Hong Kong — and in the long-term, with stores in markets like Northern California, Boston, Dallas, Houston and Portland.Bringing in Horowitz is a way for the business to maximize what it’s been doing, Malin said. “The business plan hasn’t changed much since we started. The intent was always to have wholesale, e-commerce and a store network,” Malin said. “What we’re looking to do is grow that even further.”“We’re retailers,” Goetz said. “We love being retailers, we love stores and we love creating a brand experience…we still use a different design for every single store we build.”Malin and Horowitz met more than 25-years ago when Malin was a buyer at Barneys and Horowitz was with Clarins. Now that he’s with Malin + Goetz, Horowitz said his long-term goal is to get the company to $100 million in retail sales.“Generating $100 million at retail is always a good thing to shoot for,” Horowitz said. “We started with a great brand and great positioning so we’re on our way. The next years in front of us are just to build that goal.” The business has been growing at about 30 percent a year, according to industry sources.
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion